8x8 at ld micro main event: ai, carrier network drive strategy

On Wednesday, October 21st, 2026, 8x8 (EGHT) showcased itself as a communications company at the LD Micro 20th Annual Main Event Conference. The company highlighted its diverse business model, comprising telecom infrastructure, enterprise software, and artificial intelligence. Management emphasized steady cash generation, growing AI adoption, and debt reduction efforts.

8x8 reported a fiscal year revenue of $736 million, with $190 million in revenue for the June quarter. The company's quarterly growth was estimated at 5% to 6%, while the annual growth was around 6%. The June quarter's operating cash flow stood at $20 million. The company's operating margin in the June quarter was 10%.

Management maintained that AI adoption was increasing, not reducing, human contact center seat counts, countering a common investor concern. The company had 3,200 AI Studio agents in production, 1 million Microsoft Teams seats on its network, and operations in 59 countries. 8x8 is utilizing its operating cash flow to pay down debt, with the goal of achieving a zero-debt balance sheet over time.

Bryan Martin, the company's CTO, explained that 8x8 shifted from a consumer communications business to a business-to-business platform serving customers from small companies to large enterprises. The company's main advantage lies in owning a global telecommunications carrier network, rather than relying on third-party infrastructure.

Martin outlined that the network spans 59 countries and supports Microsoft Teams. The company has over 400 patents around its infrastructure and operations, providing a foundation for network-layer AI services. 8x8 generated $736 million in revenue last fiscal year, with a market capitalization of $294.65 million and a P/E ratio of 65.29. The stock is considered undervalued relative to its Fair Value, as per InvestingPro analysis.