8x8, Inc. (EGHT) Tops Q2 EPS by 3c

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8x8, Inc. Reports Second Quarter Fiscal 2017 Financial Results

October 26, 2016 4:06 PM EDT

Total Revenue Increases 24% YoY to a Record $63.2 Million

Service Revenue from Mid-Market and Enterprise Customers Increases 36% YoY and Represents 53% of Total Service Revenue

GAAP Net Income of $27k; Non-GAAP Net Income of $5.3 Million

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 second quarter of fiscal 2017 ended September 30, 2016.

Second Quarter Fiscal 2017 Financial Highlights:

Total revenue grew 24% year-over-year to $63.2 million; service... More