8X8 (EGHT) Long-Term Investments (2019 - 2022)
8X8 (EGHT) posted Long-Term Investments of $2.7 million for Q1 2022, down 61.47% sequentially from $6.9 million in Q4 2021.
8X8 (EGHT) Long-Term Investments (2019 - 2022) Analysis & Trends
8X8 has reported Long-Term Investments for 4 years, with the latest figure at $2.7 million in Q1 2022.
- Quarterly Long-Term Investments changed N/A year-over-year to $2.7 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $2.7 million (changed N/A YoY) and the FY2022 annual result came in at $2.7 million, changed N/A from the prior year.
- Long-Term Investments slipped to $2.7 million in Q1 2022 per EGHT's latest filing, from $6.9 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $21.7 million in Q2 2019 and troughed at $2.7 million in Q1 2022.
- A 4-year average of $11.9 million and a median of $10.2 million in 2021 frame the typical range for Long-Term Investments.
- The sharpest annual moves came in 2020 and 2021: Long-Term Investments sank 80.73% in 2020, then soared 78.78% in 2021.
- Over 4 years, Long-Term Investments stood at $20.1 million in 2019, then tumbled by 80.73% to $3.9 million in 2020, then jumped by 78.78% to $6.9 million in 2021, then tumbled by 61.47% to $2.7 million in 2022.
- According to Business Quant data, Long-Term Investments over the past three periods registered $2.7 million, $6.9 million, and $10.2 million for Q1 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 559.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 7.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.77 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.07 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.43 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 176.00 Mn |
| 10 | 8X8 | 289.73 Mn | 194.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 2.67 Mn |
| Dec 31, 2021 | 6.93 Mn |
| Sep 30, 2021 | 10.25 Mn |
| Jun 30, 2021 | 12.71 Mn |
| Dec 31, 2020 | 3.88 Mn |
| Sep 30, 2020 | 6.18 Mn |
| Jun 30, 2020 | 9.97 Mn |
| Mar 31, 2020 | 16.08 Mn |
| Dec 31, 2019 | 20.13 Mn |
| Sep 30, 2019 | 20.45 Mn |
| Jun 30, 2019 | 21.67 Mn |