Five9 (FIVN) Tops Q4 EPS by 5c, Offers Q1 & FY Guidance
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Five9 Announces Revenue Growth of 27% and Positive Adjusted EBITDA for the Fourth Quarter of 2015
February 23, 2016 4:05 PM ESTQ4 LTM Enterprise Subscription Revenue Increased 38% Year-Over-Year
Record Annual Revenue of $128.9 Million, Up 25% Year-Over-Year
SAN RAMON, Calif., Feb. 23, 2016 (GLOBE NEWSWIRE) -- Five9, Inc. (NASDAQ: FIVN), a leading provider of cloud software for the enterprise contact center market, today reported results for the fourth quarter and fiscal year ended December 31, 2015.
Business Highlights
Q4 revenue increased 27% year-over-year to $36.0 millionQ4 adjusted gross margin improved by nearly 680 basis points year-over-year to 61.4%Achieved positive adjusted EBITDA in Q4 with a nearly 1,900 basis point margin improvement... More