8x8, Inc. (EGHT) Tops Q1 EPS by 2c

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Go back to 8x8, Inc. (EGHT) Tops Q1 EPS by 2c

8x8, Inc. Reports First Quarter Fiscal 2016 Financial Results

July 22, 2015 4:05 PM EDT

Record Revenue of $47.9 Million;
Non-GAAP Net Income of $4.5 Million

SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NASDAQ: EGHT), a provider of cloud-based unified communications and contact center solutions, today reported financial results for the first quarter fiscal 2016 ended June 30, 2015.

First Quarter Fiscal 2016 Financial Highlights:

Total revenue of $47.9 million, including a one-time $1.2 million accelerated technology license payment, increased 26% year over year; service revenue of $44.2 million increased 29% year over year. Excluding the one-time technology license payment:... More