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

Friday 29 January 2021 | 15:02 CET | News
8x8 reported better-than-expected revenues for its fiscal third quarter to end December, with revenues rising 15.3 percent year-on-year to USD 136.7 million and service revenues going 15.2 percent higher to USD 127.1 million. The pre-tax loss went to USD 39.9 million, narrower than the loss of 16.8 million recorded the year before but wider than the one from the previous quarter, at 38.3 million. The net loss reduced to USD 40.2 million from 17.0 million the year earlier. The adjusted pre-tax loss, at USD 1.9 million, was better than the company's forecast for a loss of 3.0 million. The gross

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Categories: Fixed
Companies: 8x8
Countries: World
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