cloud communication firm’s stock faces macro headwinds By Investing.com
8×8 Inc . (NYSE:NASDAQ:), a provider of cloud-based communication and customer engagement solutions with a market capitalization of $410 million, has been navigating a challenging macroeconomic environment while focusing on long-term profitability. The company’s stock has attracted attention from analysts who see potential in its core services despite near-term uncertainties. According to InvestingPro, 4 analysts have recently revised their earnings estimates upward for the upcoming period, signaling growing confidence in the company’s prospects.
Company Overview
8×8 specializes in providing cloud-based communication services, with a particular focus on Contact Center as a Service (CCaaS) and Communications Platform as a Service…
