8X8, Inc. Provides Financial Guidance for the Third Quarter Fiscal 2023 Ending December 31, 2022 and Fiscal Year 2023 Ending March 31, 2023
October 27, 2022 at 04:10 pm EDT
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8x8, Inc. provided financial guidance for the third quarter fiscal 2023 ending December 31, 2022 and fiscal year 2023 ending March 31, 2023. For the third quarter, the company expects service revenue in the range of $178 million to $180 million, representing year-over-year growth of approximately 20% at the midpoint; total revenue in the range of $185 million to $188 million, representing year-over-year growth of approximately 19% at the midpoint.
For the full year, the company expects service revenue in the range of $712 million to $720 million, representing year-over-year growth of 19% at the midpoint; total revenue in the range of $745 million to $755 million, representing year-over-year growth of approximately 18% at the midpoint.
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 a configurable cloud communications platform that includes solutions for contact center, voice communications, team chat and collaboration, video meetings, embeddable communication APIs, and AI-based analytics. The Companyâ s integrated technology platform includes 8x8 Work, 8x8 Contact Center, 8x8 Contact Center, and 8x8 X Series. Its 8x8 Work is an end-to-end United Communications as a service (UCaaS) solution that delivers enterprise-grade voice with public switched telephone network (PSTN) connectivity, secure video meetings, and unified messaging including direct messages, public and private team messaging rooms, and short and multimedia services.
8X8, INC. 
