8X8 Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2018
January 29, 2019 at 04:05 pm
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8x8 Inc. announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was USD 89.912 million compared to USD 75.575 million a year ago. Operating loss was USD 24.238 million compared to USD 18.247 million a year ago. Net loss was USD 23.771 million compared to USD 88.520 million a year ago. Basic loss per share was USD 0.25 compared to USD 0.96 a year ago. For the nine months, total revenue was USD 258.819 million compared to USD 217.156 million a year ago. Operating loss was USD 62.208 million compared to USD 28.166 million a year ago. Net loss was USD 60.608 million compared to USD 91.235 million a year ago. Basic loss per share was USD 0.64 compared to USD 0.99 a year ago.
8x8, Inc. is a provider of software-as-a-service solutions for contact centers, voice communications, video meetings, employee collaboration, and embeddable communication application programming interfaces (API). The Companyâs communications platform solutions comprise the 8x8 XCaaS platform, which is an integrated contact center, voice communications, video, chat, and SMS solution built on one global cloud communications platform. Its integrated technology platform includes 8x8 Work, 8x8 Contact Center, 8x8 Engage and 8x8 X Series. Its 8x8 Work is an end-to-end unified communications as a service solution that delivers enterprise-grade voice services, secure video meetings, and unified messaging including direct messages, public and private team messaging rooms, and peer-to-peer short and multimedia messaging, or SMS/MMS. 8x8 Contact Center is a cloud-based contact center as-a-service solution that includes omnichannel customer engagement, advanced analytics, and other features.
8X8, INC. 
