8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform, today reported financial results for the first quarter of fiscal 2021 ended June 30, 2020.
“Our strategy remains focused on profitability, execution and maximizing growth. The results of last quarter clearly reflect steady improvements in operational efficiency”
First Quarter Fiscal 2021 Financial Results Highlights:
- Total revenue increased 26.0% year-over-year to $121.8 million.
- Service revenue increased 27.1% year-over-year to $114.2 million.
- GAAP Pre-Tax Loss was $41.7 million; Non-GAAP Pre-Tax Loss was $7.6 million. […]