8×8 announces Q2 2018 financial results

8×8, Inc. (NASDAQ:EGHT), the provider of truly unified communications, has reported financial results for the second quarter of fiscal 2018 ended September 30, 2017, the company said.

Service revenue increased 18% year-over-year (YoY) to USD 68.1 million. Adjusting for the exclusion of the discontinued, non-core DXI business segment, service revenue increased 19%.

Service revenue from mid-market and enterprise customers increased 28% YoY and represented 58% of the company´s total service revenue.

On an adjusted basis as above, service revenue from mid-market and enterprise customers increased 28%.

Total revenue increased 15% YoY to USD 72.5 million. On an adjusted basis as above, total revenue increased 16%.

8×8 powers over a million business users worldwide. Its suite of products seamlessly weaves together unified cloud communications, messaging, meeting and contact center solutions so today´s modern organization can communicate at the speed of employee and customer expectations. 8×8 uniquely combines one unified management platform, one seamless communications experience for employees and customers, and one real-time data analytics platform for constant learning and improvement. For additional information, visit www.8×8.com.