8x8, Inc. Named to Forbes 2013 List of 100 Best Small Companies in America
8x8, Inc. Named to Forbes 2013 List of 100 Best Small Companies in America
Based on Growth and Financial Performance, 8x8 Ranks 23rd on Top 100 List and 10th on List of Fast Growing Tech Stars
SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NAS: EGHT) , a leading provider of cloud communications and collaboration solutions, today announced it has been named to Forbes Magazine's "Americas Best Small Companies" list for 2013, ranked No. 23 of the 100 companies that made the list. Additionally, 8x8 ranked No. 10 on the Forbes list of 20 Fast Growing Tech Stars.
The Forbes 35th annual list of America's Best Small Companies ranks the top 100 public companies with under $1 billion in annual revenue based on return on equity, sales growth and earnings growth over the past year, as well as the past five years. Stock performance during the last 12 months versus each company's peer group was also factored in with the average company stock price rising 32%.
"We are very proud to be named one of the top 25 Best Small Companies in America by Forbes," said 8x8 Chief Executive Officer Vik Verma. "The hard work and dedication of our employees and their focus on bringing a full suite of high-quality cloud communications and collaboration services to businesses worldwide has made our company a segment leader. I am thankful to them, in addition to our shareholders, customers, partners and suppliers, for helping us achieve this outstanding recognition."
8x8's integrated business service offerings enable companies and employees to collaborate effectively and efficiently anytime, anywhere. From hosted VoIP and contact center service to unified communications and virtual desktops, 8x8 services are technologically advanced, easy to use and less expensive than traditional on-premise solutions.
The complete list of America's Best Small Companies will be featured in the Oct. 28, 2013 issue of Forbes and is available online at www.forbes.com/best-small-companies/list/.
About 8x8, Inc.
8x8, Inc. (NAS: EGHT) offers a complete portfolio of cloud communications and collaboration solutions that include hosted PBX telephony, unified communications, call center software, video conferencing and virtual desktop services. The company has been delivering business services since 2004 and has garnered a reputation for technical excellence and outstanding reliability. In 2012, 8x8 was named a market "leader" in Gartner's Magic Quadrant for Unified Communications as a Service (UCaaS) in North America and was recognized as the No. 1 Provider of Hosted IP Telephony by Frost & Sullivan and Synergy Research Group. For additional information, visit www.8x8.com, or connect with 8x8 on Google+, Facebook, LinkedIn and Twitter.
8x8, Inc.
Joan Citelli, 408-654-0970
joan.citelli@8x8.com
KEYWORDS: United States North America California
INDUSTRY KEYWORDS:
The article 8x8, Inc. Named to Forbes 2013 List of 100 Best Small Companies in America originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
