8x8 Inc. reported unaudited consolidated earnings results for third quarter and nine months ended December 31, 2015. For the quarter, the company reported total revenue of $53,168,000, loss from operations before provision for income taxes of $2,237,000, net loss of $1,680,000 or $0.02 per diluted share compared to the total revenue of $41,372,000, income from operations before provision for income taxes of $1,071,000, net income of $444,000 or $0.01 per diluted share for the same quarter a year ago. Non-GAAP net income was $4.299 million or $0.05 per diluted share compared to $4.074 million or $0.04 per diluted share a year ago. Non-GAAP income from operations was $3.796 million against $4.013 million a year ago. Loss from operations was $2.509 million against income of $0.825 million a year ago.

For the nine months, the company reported total revenue of $152,003,000, loss from operations before provision for income taxes of $3,393,000, net loss of $4,044,000 or $0.05 per diluted share compared to the total revenue of $118,883,000, income from operations before provision for income taxes of $4,453,000, net income of $1,743,000 or $0.02 per diluted share for the same period a year ago. Net cash provided by operating activities was of $15,384,000 compared to $13,775,000 a year ago. Purchases of property and equipment were of $3,295,000 compared to $4,523,000 a year ago. Non-GAAP net income was $11,767,000 or $0.13 per diluted share compared to $11,363,000 or $0.12 per diluted share a year ago. Non-GAAP income from operations was $11.347 million against $11.006 million a year ago. Loss from operations was $4.103 million against income of $3.830 million a year ago.

The company revising fiscal 2016 revenue outlook upward to a range of $205 million to $207 million, which represents a 26%-27% year-over-year increase, from previous outlook of $204 million to $206 million. Due to the strong growth in service revenue, the company also increasing its guidance for non-GAAP net income as a percentage of revenue to approximately 6%-7% for the full fiscal year.

For the quarter, the company announced impairment of long-lived assets of $640,000.