8x8 FY27 Q1 GAAP operating income rises to $4.4 million; revenue increases 5% to $190.2 million - EGHT News | Rallies8x8 FY27 Q1 GAAP operating income rises to $4.4 million; revenue increases 5% to $190.2 million
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EGHT• Fiscal Q1 results and outlook
- 8x8 posted fiscal Q1 revenue up 5% to $190.2 million, driven by service revenue up 5% to $185.3 million.
- GAAP operating income rose to $4.4 million; GAAP net loss narrowed to $1.2 million.
- Non-GAAP operating income increased to $18.9 million; non-GAAP net income climbed to $13.6 million.
- GAAP gross margin fell 5 percentage points to 61%; non-GAAP gross margin dropped 6 percentage points to 62%.
- Forecasts fiscal Q2 revenue of $185 million to $190 million; sees fiscal 2027 revenue of $745 million to $765 million.
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