8x8, Inc. (EGHT) Tops Q3 EPS by 1c, Offers Q4 Guidance

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8x8, Inc. Reports Third Quarter Fiscal 2021 Financial Results

January 28, 2021 4:05 PM EST

Service revenue growth of 15% year-over-year; Total ARR grew 20% to Approximately $500 million

Raises Fiscal Full-Year 2021 Service Revenue Guidance to Approximately 19% Year-over-Year Growth

CAMPBELL, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform, today reported financial results for the third quarter of fiscal 2021 ended December 31, 2020.

Third Quarter Fiscal 2021 Financial Results Highlights:

Total revenue increased 15.3% year-over-year to $136.7 million, exceeding the high-end of the Companys original guidance range of $132.0 to $133.0 million. Service revenue increased 15.2% year-over-year... More