Five9 (FIVN) Tops Q2 EPS by 5c; Bumps Outlook Higher

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Five9 Revenue Growth Accelerates to 28% and Adjusted EBITDA Margin Improves to 6% in the Second Quarter of 2016

August 3, 2016 4:06 PM EDT

LTM Enterprise Subscription Revenue Growth Accelerates to 41%

Raises 2016 Guidance for Revenue and Bottom Line

SAN RAMON, Calif., Aug. 03, 2016 (GLOBE NEWSWIRE) -- Five9, Inc. (NASDAQ: FIVN), a leading provider of cloud software for the enterprise contact center market, today reported results for the second quarter 2016 ended June 30, 2016.

Q2 Business Highlights

All-time records for both enterprise bookings and commercial bookingsTotal revenue increased 28% year-over-year to a record $38.9 millionLTM enterprise subscription revenue grew 41% year-over-yearLTM enterprise revenue increased to 67% of... More