8x8, Inc. Reports Fourth Quarter and Fiscal 2018 Financial Results

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Go back to 8x8, Inc. Reports Fourth Quarter and Fiscal 2018 Financial Results

8x8, Inc. (EGHT) Misses Q4 EPS by 3c, Slight Miss on Revenues; Offers FY19 Revenue Mid-Point Outlok Above Consensus

May 24, 2018 4:09 PM EDT

8x8, Inc. (NASDAQ: EGHT) reported Q4 EPS of ($0.03), $0.03 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $75.3 million versus the consensus estimate of $76.84 million.

Fourth Quarter Fiscal 2018 Financial Results:

Revenue: Service revenue increased 20% year-over-year to $75.3 million. Adjusting for constant currency, service revenue increased 19%. Total revenue increased 19% year-over-year to $79.3 million. Adjusting for constant currency, total revenue increased 18%.Service revenue from mid-market and enterprise customers increased 29% year-over-year and... More