8X8 Reports Revenue Growth

8×8 is one company finding room to grow in this troubled economy.

Revenue from small and medium businesses was up 41 percent (to more than $10 million) year over year in the company’s fiscal third quarter, which ended last month. Churn was less than 3 percent.

Of course, it can’t be all good news in this economy. Cancellations were up because many businesses are cutting costs.

8×8 offers voice and video Internet-based telephony services for business and residential customers.

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