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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed
Companies: 8x8
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


8x8 appoints new officer for human resources

Published 12 Jan 2022 17:20 CET | North America
8x8 has appointed Stephanie Garcia its new chief officer for human resources, reporting to CEO Dave Sipes. Garcia, a human ...

8x8 introduces XCaaS for multinational companies in Philippines

Published 17 Dec 2021 06:30 CET | Philippines
8x8 will offer its 8x8 XCaaS (eXperience Communications as a Service), an integrated cloud contact center and phone platform, for ...

8x8 to help fund Fuze acquisition with new issue of convertible notes

Published 08 Dec 2021 17:37 CET | United States
VoIP provider 8x8 has agreed with certain investors to issue USD 137.50 million worth of 0.50 percent convertible senior notes ...

Rotherham council deploys 8x8 XCaaS cloud communications, call centre platform

Published 06 Dec 2021 15:08 CET | United Kingdom
Rotherham Metropolitan Borough Council in England has deployed the 8x8 XCaaS (eXperience Communications as a Service) platform to ...

8x8 to acquire Fuze for USD 250 million in cash and shares

Published 01 Dec 2021 16:53 CET | United States
The US-based VoIP provider 8x8 has agreed to acquire its smaller rival Fuze for USD 250 million in cash and shares. The ...

8x8 delivers cloud phone, call-centre services for multinationals in Russia

Published 22 Sep 2021 10:57 CET | Russian Federation
8x8 announced that its 8x8 XCaaS (eXperience Communications as a Service) integrated cloud phone and contact centre system is now ...

8x8 enters distribution deal with Synnex

Published 25 Aug 2021 08:55 CET | United States
8x8 entered a strategic distribution agreement with Synnex, a provider of distribution, systems design, and integration services ...

8x8's XCaaS service offers enhanced uptime guarantee

Published 12 Aug 2021 09:09 CET | World
8X8 said its 8x8 XCaaS (eXperience Communications as a Service), which is built on the 8x8 eXperience Communications Platform, ...

8x8 lifts FY guidance after Q1 annualised recurring subscriptions revenue rises 24%

Published 05 Aug 2021 13:43 CET | World
8x8 is raising its FY forecasts after total revenue grew to USD 148.33 million for the fiscal first quarter ended 30 June from ...

8x8 posts better-than-expected results for Q1

Published 11 May 2021 11:33 CET | World
8x8 reported higher-than-forecast results for the fourth quarter and full-year, helped by continued upmarket momentum in ...

8x8 raises FY guidance after stronger-than-expected Q3

Published 29 Jan 2021 15:02 CET | World
8x8 reported better-than-expected revenues for its fiscal third quarter to end December, with revenues rising 15.3 percent ...

8x8 quarterly revenues up 18% to USD 129 mln

Published 29 Oct 2020 11:07 CET | World
8x8 saw its revenues for the second fiscal quarter to 30 September increase 17.9 percent year-over-year to USD 129.1 million, ...

Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Elisa Q4 2021
27 Jan Apple fiscal Q1
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
31 Jan KPN Q4 2021
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan NEC fiscal Q3
31 Jan Harmonic Q4
::: More Calendar Items