Five9 (FIVN) Tops Q3 EPS by 5c

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Five9 Reports Third Quarter 2015 Results

November 3, 2015 4:06 PM EST

Revenue Up 25% Year-Over-Year to a Record $32.3 Million Enterprise LTM Subscription Revenue Up 35% Year-Over-Year

Adjusted EBITDA Loss Narrows to 3% of Revenue

Raises 2015 Guidance

SAN RAMON, Calif., Nov. 3, 2015 (GLOBE NEWSWIRE) -- Five9, Inc. (NASDAQ: FIVN), a leading provider of cloud software for the enterprise contact center market, today reported results for the third quarter ended September 30, 2015.

Third Quarter Highlights

Revenue increased 25% year-over-year to $32.3 million Enterprise LTM subscription revenue increased 35% year-over-year GAAP and Adjusted gross margins improved by over 600 basis points... More