Five9 (FIVN) Tops Q2 EPS by 6c

Five9 (NASDAQ: FIVN) reported Q2 EPS of ($0.10), $0.06 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $30.3 million versus the consensus estimate of $29.24 million.

Five9 sees Q3 2015 EPS of ($0.12)-($0.14). Five9 sees Q3 2015 revenue of $30-31 million.

Five9 sees FY2015 EPS of ($0.43)-($0.47), versus prior guidance of ($0.49)-($0.54). Five9 sees FY2015 revenue of $122.5-124.5 million, versus prior guidance of $120-124 million.

Mike Burkland, President and CEO commented, "We are very pleased to report results for the second quarter that once again exceeded our expectations across all metrics. Total revenue for the second quarter was $30.3 million, up 23% year-over-year. Our solid top line growth was complemented by a significant improvement in our EBITDA margin of over 2,000 basis points from a year ago. Bookings were another highlight as we set a new second quarter record. Given our strong results, we are increasing our revenue and bottom line guidance for 2015."

For earnings history and earnings-related data on Five9 (FIVN) click here.

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