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8x8, Inc.
8x8, Inc. Announces First Quarter Fiscal 2009 Results
August 15th, 2008
8x8, Inc. (NASDAQ:EGHT), provider of Packet8 (www.packet8.net) business, mobile and residential communication services, announced financial results for the first quarter of fiscal 2009 ended June 30, 2008. Revenues for the first quarter of fiscal 2009 were $16.3 million, compared to $14.7 million for the same period of fiscal 2008 and $16.3 million for the previous quarter. Packet8 business service revenues grew to 56% of total revenue in the first quarter of fiscal 2009 compared to 44% of total revenue in the same period of fiscal 2008 and 50% of total revenue in the previous quarter. Sequentially, business services revenue grew by 12% from the previous quarter and 41%...
Source: Health Business Week (2008-08-15)
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