8x8, Inc. (EGHT) Tops Q4 EPS by 1c, Offers FY17 Rev. Guidance

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Go back to 8x8, Inc. (EGHT) Tops Q4 EPS by 1c, Offers FY17 Rev. Guidance

8x8, Inc. Reports Record Fourth Quarter and Fiscal 2016 Financial Results

May 19, 2016 4:05 PM EDT

Q4 Revenue Increases 32% YoY to $57.3 Million
Fiscal 2016 Revenue Increases 29% YoY to $209.3 Million
Q4 Mid-Market/Enterprise Service Revenue Grows 54% YoY
Fiscal 2016 Non-GAAP Net Income of $15.0 million, $0.16 per diluted share

SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NASDAQ: EGHT), the leading provider of Enterprise Communications as a Service (ECaaS), today reported record financial results for the fourth quarter and fiscal year 2016 ended March 31, 2016.

Fourth Quarter Fiscal 2016 Results:

Total revenue in the fourth quarter of fiscal 2016 increased 32% year-over-year to $57.3 million; service revenue increased... More