8x8, Inc. Provides Earnings Guidance for the Fourth Quarter and Revises Earnings Guidance for the Full Year of Fiscal 2019
January 29, 2019 at 04:05 pm
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8x8, Inc. provided earnings guidance for the fourth quarter and revised earnings guidance for the full year of fiscal 2019. For the quarter, the company expects service revenue in the range of $88.6 million to $89.6 million, representing approximately 18% to 19% year-over-year growth. Service revenue growth, excluding DXI revenue and in constant currency, in the range of 22% to 23%.
For the year, the company updates service revenue guidance from a range of $334 million to $338 million to a range of $334 million to $335 million, representing approximately 19% to 20% year-over-year growth. Service revenue growth, excluding DXI revenue and in constant currency, is anticipated to be approximately 22%. The company updates total revenue guidance from a range of $347 million to $352 million to a range of $351 million to $352 million, representing approximately 18% to 19% year-over-year growth.
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. 
