8X8, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of Fiscal Year Ending March 31, 2023
February 01, 2023 at 04:05 pm EST
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8X8, Inc. Provided Revenue Guidance for the Fourth Quarter and Full Year of Fiscal Year Ending March 31, 2023. For the quarter, the company expected Service revenue in the range of $175 million to $178 million, representing year-over-year growth of approximately 2% at the midpoint; Total revenue in the range of $184 million to $187 million, representing year-over-year growth of approximately 2% at the midpoint.
For the full year, the company expected Service revenue in the range of $708.5 million to $711.5 million, representing year-over-year growth of 18% at the midpoint; Total revenue in the range of $743.4 million to $746.4 million, representing year-over-year growth of approximately 17% 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. 
