8x8: Fiscal Third Quarter Financial Results Overview

8x8 Inc. Announces Third Quarter Financial Results

8x8 Inc., headquartered in Campbell, California, revealed a net profit of $5.1 million for its fiscal third quarter.

The company reported earnings of $0.04 per share. When excluding expenses related to stock options and amortization, adjusted earnings reached $0.12 per share.

During this quarter, the telecommunications provider generated $185.1 million in revenue.

Outlook for Upcoming Quarters

• For the quarter ending in March, 8x8 anticipates earnings per share to fall between $0.07 and $0.08.
• Projected revenue for the fiscal fourth quarter is expected to be between $178.5 million and $183.5 million.
• For the full fiscal year, the company forecasts earnings per share in the range of $0.36 to $0.37, with total revenue estimated between $729 million and $734 million.