8×8, Inc. (NASDAQ:EGHT), a provider of the world´s first Communications Cloud, has reported financial results for the first quarter of fiscal 2018 ended June 30, 2017, the company said.
During the first quarter: service revenue increased 18% year-over-year (YoY) to USD 65.1 million.
Adjusting for constant currency and the exclusion of the discontinued, non-core DXI business segment, service revenue increased 21%.
Service revenue from mid-market and enterprise customers increased 29% YoY and represented 57% of the company´s total service revenue.
8×8 is the provider of the world´s first Communications Cloud that combines unified communications, team collaboration, contact center, and analytics in a single, open and real-time platform. 8×8 eliminates information silos to expose vital, real-time intelligence across multiple clouds, applications and devices to improve individual and team productivity, business performance and customer experience.