- The company is shifting its customers to its new X Series platform, which has good potential.
- However, it had to invest a lot in the platform and botched the mid-market introduction, which is causing delays and bad headline numbers.
- The potential is there, but it will only materialize gradually. This stock is for investors with a longer time horizon.
Source: 8×8 Inc. Has Good Long-Term Potential – 8×8, Inc. (NYSE:EGHT) | Seeking Alpha