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

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

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

May 24, 2018 4:06 PM EDT

Fiscal 2018 Service Revenue Increased 19% year-over-year to $280 million

Fiscal 2018 Mid-Market and Enterprise Service Revenue Grew 29%

SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NYSE: EGHT), a leading provider of cloud phone, meeting, collaboration, and contact center solutions, today reported financial results for the fourth quarter and fiscal full-year ended March 31, 2018.

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%.... More