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8x8 lifts FY guidance after better-than-expected September quarter

Wednesday 3 November 2021 | 14:31 CET | News
8x8 raised its outlook for the full-year after reporting better-than-expected results for the fiscal second quarter to end-September. Revenues for the quarter increased by 17 percent from the year before to USD 151.6 million and service revenues lifted 18 percent to USD 142.4 million. The net loss widened to USD 42.3 million from a loss of 38.4 million but the adjusted operating profit went to USD 1.9 million from a loss of 2.4 million. The adjusted operating margin advanced to a positive 1.3 percent from a negative 1.8 percent.

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Categories: Fixed
Companies: 8x8
Countries: World
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