8x8, Inc. (EGHT) Reports In-Line Q3 EPS

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8x8, Inc. Reports Third Quarter Fiscal 2020 Financial Results

February 4, 2020 4:05 PM EST

Service revenue growth of 32% year-over-year

Enterprise ARR grew 85% year-over-year

Contact center bookings increased 90% year-over-year

SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform, today reported financial results for the third quarter of fiscal 2020 ended December 31, 2019.

Third Quarter Fiscal 2020 Financial Results Highlights:

Total revenue increased 31.9% year-over-year to $118.6 million. Service revenue increased 32.2% year-over-year to $113.6 million. GAAP Pre-Tax Loss was $46.8 million; Non-GAAP Pre-Tax Loss was $16.3... More