8x8 Q3 FY2022 revenue $156.9M (+15% YoY); ARR $572M (+16% YoY)

8X8 INC /DE/

2022-Q3 EPS reported -$1.16 revenue$456,758,000

Service revenue $149.4M (+18% YoY); GAAP operating loss $37.6M, non-GAAP operating profit $3.1M.
Total ARR $572M (+16% YoY); enterprise customers with ARR >$100k rose 24% to 907.
Cash from operations $9.0M vs -$1.8M a year ago; cash & investments $260.5M.
Closed acquisition of Fuze and completed $137.5M convertible note placement with $45M stock buyback.
Appointed new CHRO and Global Channel Chief; provided Q4 and updated FY2022 guidance.

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