8X8, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 28, 2021 at 04:05 pm EST
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8x8, Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was USD 136.685 million compared to USD 118.567 million a year ago. Operating loss was USD 35.255 million compared to USD 43.168 million a year ago. Net loss was USD 40.225 million compared to USD 47.071 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to USD 0.47 a year ago. For the nine months, total revenue was USD 387.625 million compared to USD 324.759 million a year ago. Operating loss was USD 106.113 million compared to USD 113.665 million a year ago. Net loss was USD 120.551 million compared to USD 122.268 million a year ago. Basic loss per share from continuing operations was USD 1.15 compared to USD 1.23 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. 
