CAMPBELL, Calif. (AP) — CAMPBELL, Calif. (AP) — 8×8 Inc. (EGHT) on Tuesday reported a loss of $1.2 million in its fiscal first quarter.
On a per-share basis, the Campbell, California-based company said it had a loss of 1 cent. Earnings, adjusted for stock option expense and amortization costs, came to 9 cents per share.
The telecommunications services company posted revenue of $190.2 million in the period.
For the current quarter ending in September, 8×8 expects its per-share earnings to range from 7 cents to 8 cents.
The company said it expects revenue in the range of $185 million to $190 million for the fiscal second quarter.
8×8 expects full-year earnings in the range of 33 cents to 38 cents per share, with revenue ranging from $745 million to $765 million.
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