Published on 28 Jan 2024 on Simply Wall St. via Yahoo Finance

Investors in 8x8 (NASDAQ:EGHT) have unfortunately lost 90% over the last three years

8x8, Inc. (NASDAQ:EGHT) shareholders will doubtless be very grateful to see the share price up 56% in the last quarter. But that doesn't change the fact that the returns over the last three years have been stomach churning. The share price has sunk like a leaky ship, down 90% in that time. So it sure is nice to see a bit of an improvement. Of course the real question is whether the business can sustain a turnaround. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway.

Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.

View our latest analysis for 8x8