8X8, Inc. Provides Financial Guidance for the Third Quarter Fiscal 2023 Ending December 31, 2022 and Fiscal Year 2023 Ending March 31, 2023
October 28, 2022 at 01:40 am IST
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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 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.