8x8, Inc. (EGHT) Tops Q1 EPS by 1c

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Go back to 8x8, Inc. (EGHT) Tops Q1 EPS by 1c

8x8, Inc. Reports First Quarter Fiscal 2022 Financial Results

August 4, 2021 4:05 PM EDT

Service Revenue Growth of 21% Year-over-Year; Total ARR Grew 24% Year-over-Year

Raises Fiscal Full-Year 2022 Service Revenue Guidance to Approximately 14%-15% Year-over-Year Growth

CAMPBELL, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today reported financial results for the first quarter of fiscal 2022 ended June 30, 2021.

First Quarter Fiscal 2022 Financial Results:

Total revenue increased 22% year-over-year to $148.3 million. Service revenue increased 21% year-over-year to $137.8 million. GAAP Operating Loss was $38.8 million; Non-GAAP Operating Profit... More