8x8, Inc. (EGHT) Tops Q4 EPS by 2c, Offers Q1 Guidance

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Go back to 8x8, Inc. (EGHT) Tops Q4 EPS by 2c, Offers Q1 Guidance

8x8, Inc. Reports Fourth Quarter and Fiscal 2020 Financial Results

May 12, 2020 4:05 PM EDT

Fiscal 2020 Total Revenue Increased 27% year-over-year to $446.2 million

Total ARR grew 34% in the fiscal fourth quarter

CAMPBELL, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today reported financial results for the fourth quarter and full-year fiscal 2020 ended March 31, 2020.

Fourth Quarter Fiscal 2020 Financial Results:

Total revenue increased 29.6% year-over-year to $121.5 million. Service revenue increased 30.2% year-over-year to $116.0 million. GAAP Pre-Tax Loss was $50.0 million; Non-GAAP Pre-Tax Loss was $12.7 million.

Full-Year Fiscal 2020 Financial... More