From Wall Street – 8×8 – CY2018-Q4

Revenue in the right direction, but operating income not …

Current Highlights

The highlights for FY2019-Q3 (CY2018-Q4) are as follows:

  • Total service revenue increased 20% year-over-year to $85.9 million.
  • The growth in service revenue from medium (>$1,000/month) and large (>$10,000/month) accounts increased 30% and 61% respectively.
  • GAAP net loss was $23.8 million