8x8, Inc. Reports Fourth Quarter and Fiscal 2018 Financial Results
8x8 Inc (EGHT)
Last 8x8 inc earnings: 2/4 04:05 pm
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Source: Business Wire
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%. Service revenue from mid-market and enterprise customers increased 29% year-over-year and represented 60% of total service revenue. GAAP net loss was $13.3 million or
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EGHT
News
- 8x8, Inc. (NASDAQ: EGHT) had its price target lowered by analysts at Morgan Stanley from $3.80 to $3.00. They now have an "equal weight" rating on the stock.MarketBeat
- 8x8 Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using Teams [Yahoo! Finance]Yahoo! Finance
- 8x8 Launches Operator Connect for Microsoft Teams to Streamline Reliable Telephony Deployment and Adoption for Organizations Using TeamsBusiness Wire
- Global Video Conferencing Market 2024-2028 - Market Forecasted to Surge at a CAGR of 11.9% from 2023-2028 [Yahoo! Finance]Yahoo! Finance
- 8x8 Receives Multiple Awards for Continued Innovation [Yahoo! Finance]Yahoo! Finance
EGHT
Earnings
- 1/31/24 - Beat
EGHT
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- EGHT's page on the SEC website