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8x8: Fiscal Q1 Earnings Snapshot
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CAMPBELL, Calif. (AP) — CAMPBELL, Calif. (AP) — 8x8 Inc. (EGHT) on Tuesday reported a loss of $1.2 million in its fiscal first quarter.

On a per-share basis, the Campbell, California-based company said it had a loss of 1 cent. Earnings, adjusted for stock option expense and amortization costs, came to 9 cents per share.

The telecommunications services company posted revenue of $190.2 million in the period.

For the current quarter ending in September, 8x8 expects its per-share earnings to range from 7 cents to 8 cents.

The company said it expects revenue in the range of $185 million to $190 million for the fiscal second quarter.

8x8 expects full-year earnings in the range of 33 cents to 38 cents per share, with revenue ranging from $745 million to $765 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGHT at https://www.zacks.com/ap/EGHT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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