8x8 Reports Q3 Earnings: Per Share 12 Cents, Revenue $185.1M - EGHT
[Para 1: The Lead] 8x8 Inc. (EGHT) reported a net income of $5.1 million in its fiscal third quarter, marking a per-share profit of 12 cents. The telecommunications services company saw revenue of $185.1 million, a significant financial performance for the quarter. [Para 2-3: Supporting details & Context] On an adjusted basis, excluding stock option expense and amortization costs, earnings per share were 12 cents. Looking ahead, 8x8 forecasts earnings per share of 7 cents to 8 cents for the current quarter, with revenue projected between $178.5 million and $183.5 million. For the full fiscal year, the company anticipates earnings of 36 cents to 37 cents per share and revenue of $729 million to $734 million. This financial snapshot highlights 8x8's steady growth and market position.