Needham & Company Reiterates Buy on 8x8, Inc. (EGHT) Following Top and Bottom Line Beat
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8x8, Inc. Reports Third Quarter Fiscal 2016 Financial Results
January 21, 2016 4:05 PM ESTTotal Revenue of $53.2 Million Increases 29% YoY; Service Revenue From Mid-Market/Enterprise Customers Now Represents 50% of Total Service Revenue; Non-GAAP Net Income of $4.3 Million, $0.05 Per Share
SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NASDAQ: EGHT), a provider of cloud-based unified communications and contact center solutions, today reported financial results for the third quarter of fiscal 2016 ended December 31, 2015.
Third Quarter Fiscal 2016 Financial Highlights:
Total revenue of $53.2 million increased 29% year-over-year; service revenue of $48.9 million increased 29% year-over-year.... More