8x8 Inc (FRA:EGT)
€ 2.5 -0.04 (-1.57%) Market Cap: 325.84 Mil Enterprise Value: 659.09 Mil PE Ratio: 0 PB Ratio: 3.45 GF Score: 64/100
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8x8 Inc at Bank of America Media, Communications and Entertainment Conference Transcript

Sep 07, 2022 / 09:00PM GMT
Release Date Price: €4.84 (+4.76%)
Michael J. Funk;Samuel C. Wilson
BofA Securities, Research Division - VP in Equity Research;8x8, Inc. - Executive VP, CFO & Principal

In the afternoon of the day 1 session of the Bank of America Telecom Media Conference. Some of you may know me, I am Mike Funk, currently one of the software analysts at Bank of America, previously covered communications and data centers for a long time at the bank. And the reason I'm here today with Sam Wilson from 8x8 is because there's this intersection between incumbent legacy telcos and what's happening to their business as more companies move to the cloud, right, software-as-a-service, outsource their IT. And the business or revenue growth of companies like 8x8 are seeing, right? So they're on the beneficial end of that secular shift.

Also very high-growth companies relative to legacy telcos, you may have heard speak here earlier today about their businesses and what is happening to their business because of that secular shift. So thought it would be great to have Sam come out. Thank you for being here with us today.

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