8x8, Inc. (EGHT) Tops Q3 EPS by 2c

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Go back to 8x8, Inc. (EGHT) Tops Q3 EPS by 2c

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

January 25, 2017 4:05 PM EST

Service Revenue Increases 23%

Mid-Market and Enterprise Service Revenue Increases 36%

GAAP Net Loss of ($1.3 Million); Non-GAAP Net Income of $5.8 Million

Cash from Operating Activities of $8.8 Million

SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NASDAQ: EGHT), the leading provider of Enterprise Communications as a Service (ECaaS), today reported financial results for the third quarter of fiscal 2017 ended December 31, 2016.

Third Quarter Fiscal 2017 Financial Results:

Service revenue grew 23% year-over-year to $60.1 million; total revenue grew 20%... More