Both in Cloud & Data Processing

8x8 vs Ooma

Over the past year EGHT returned +14.2% and OOMA returned +80.3%; their daily moves had a correlation of 0.32.

EGHT +14.2% OOMA +80.3%Growth of $1, one year, split-adjusted
MetricEGHTOOMA
Price$2.09$19.91
Market cap$301.9M$549.5M
Today−7.93%−1.97%
1 month−9.5%−4.1%
6 months−14.3%+12.3%
Year to date+6.1%+69.7%
1 year+12.4%+78.4%
Revenue growth (YoY)+4.9%+25.4%
Gross margin61.2%61.3%
Net margin−0.6%3.6%
P/E (TTM)63.4×50.3×
Price / sales0.4×1.8×
Net cash-$216.8M-$28.9M
Dividend yield——
Volatility (60d)57.6%43.2%
Short % of float1.9%7.1%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).