0
Broadband

8x8 posts better-than-expected results for Q1

Tuesday 11 May 2021 | 11:33 CET | News
8x8 reported higher-than-forecast results for the fourth quarter and full-year, helped by continued upmarket momentum in enterprise, with demand for the company's integrated cloud contact centre and communications products. Revenues for the quarter rose 19.1 percent from the year before to USD 144.7 milllion, with service revenue up 18.9 percent to USD 133.8 million. The pre-tax loss narrowed to USD 44.9 million from a loss of 49.9 million, while the pre-tax result moved to a profit of USD 70,000 from a loss of 12.7 million.

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.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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.


Related

8x8 enters strategic partnership with Sandler Partners

Published 27 May 2021 11:00 CET | United States
8x8 has entered into a strategic partnership with Sandler Partners, a US master agent and distributor of connectivity and cloud ...

8x8 introduces cloud phone, contact centre system in China

Published 10 May 2021 16:24 CET | China
8x8 said it has introduced a cloud phone and contact centre system in China, in partnership with China Mobile. The 8x8 Global ...

8x8 appoints Weisner as Chief Customer Officer

Published 15 Apr 2021 10:00 CET | World
8x8 appointed Walt Weisner as Chief Customer Officer, effective 14 April. He will report to CEO Dave Sipes. ...

Westcon to offer 8x8 cloud communications, contact centre products

Published 08 Apr 2021 11:16 CET | World
8x8 entered a distribution agreement with international technology distributor Westcon. The partnership, which becomes effective ...

London's Harrow Council moves to cloud communications with 8x8

Published 01 Apr 2021 11:42 CET | United Kingdom
8x8 announced that London's Harrow Council deployed the 8x8 integrated cloud contact centre and communications product as part of ...

8x8 launches contact centre for Microsoft Teams

Published 16 Mar 2021 08:20 CET | World
8x8 announced the availability of 8x8 Contact Center for Microsoft Teams, which is certified to integrate with Microsoft Teams. ...

8x8 names Chaudhuri as new marketing chief

Published 04 Mar 2021 16:45 CET | World
8x8 announced the appointment of Amritesh Chaudhuri as Executive Vice President and Chief Marketing Officer, effective 01 ...

8x8 named supplier to Washington state agencies

Published 23 Feb 2021 10:01 CET | United States
8x8 announced the State of Washington signed a Participating Addendum with 8x8 under the Naspo ValuePoint Cloud Solutions ...

UK retailer Halfords expands deployment of 8x8 platform

Published 05 Feb 2021 11:02 CET | United Kingdom
Global cloud communications company 8x8 confirmed that UK retailer Halfords has expanded deployment of the 8x8 integrated cloud ...

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 Q4 passes expectations, helped by demand for cloud services

Published 13 May 2020 11:07 CET | World
8x8 passed expectations in the fourth quarter and full year to end March, saying it was helped by continued momentum in the ...