8x8 Narrows Losses 34.4% Annually, Raises Concerns Over Profitability and Share Price Volatility

8x8's (EGHT) quarterly results show a 34.4% annual reduction in losses, despite remaining unprofitable. The company's Price-To-Sales Ratio is 0.4x, far below the US Software industry average of 5.1x. Shares trade near the estimated fair value of $2.2 based on discounted cash flow analysis. Ongoing risks include profitability and share price volatility.