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8x8 posts highest fiscal revenue in its historyMay 23, 2013 (TELECOMWORLDWIRE via COMTEX) -- 8x8, Inc. (NASDAQ: EGHT) said it posted total revenue of USD107.6m for its fiscal year ending March 31, 2013, the first time 8x8 has exceeded USD100m of annual revenue. GAAP net income for fiscal 2013 was USD13.9m, or USD0.19 per diluted share. Non-GAAP net income for the year was USD14.7m, or USD0.20 per share, an increase of 42% compared with fiscal 2012. 8x8 CEO Bryan Martin said, "While the growth of our core business communications offerings to small businesses remained strong, increased interest from mid-market customers who are deploying these services in much larger, distributed environments further validated our efforts to move upmarket and our credibility as an enterprise-class cloud services provider." 8x8 empowers business conversations for more than 30,000 small and medium sized businesses with cloud communications services that include hosted PBX telephony, unified communications, contact centre and video conferencing solutions. For additional information, visit www.8x8.com, or connect with 8x8 on Facebook and Twitter. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ] |
