Needham & Company Raises Price Target on Five9 (FIVN) Following Strong 3Q

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Five9 Reports Third Quarter Total Revenue Growth of 27%

November 1, 2016 4:05 PM EDT

LTM Enterprise Subscription Revenue Growth Accelerates to 43%

YTD GAAP Operating Cash Flow Improves by $16.9M

 Raises 2016 Guidance for Revenue and Bottom Line

SAN RAMON, Calif., Nov. 01, 2016 (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 2016 ended September 30, 2016.

Third Quarter 2016 Financial Results

Total revenue for the third quarter of 2016 increased 27% to a record $41.0 million, compared to $32.3 million for the... More