Five9 (FIVN) Tops Q2 EPS by 7c; Raises Outlook

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Five9 Reports Second Quarter Revenue Growth of 28% to a Record $61.1 Million

August 6, 2018 4:05 PM EDT

37% Growth in LTM Enterprise Subscription Revenue

Tenth Consecutive Quarter of Positive Operating Cash Flow at $5.7 Million

SAN RAMON, Calif.--(BUSINESS WIRE)-- Five9, Inc. (NASDAQ: FIVN), a leading provider of cloud contact center software for the digital enterprise, today reported results1 for the second quarter ended June 30, 2018.

Second Quarter 2018 Financial Results

Revenue for the second quarter of 2018 increased 28% to a record $61.1 million, compared to $47.7 million for the second quarter of 2017. GAAP gross margin was 59.4% for the second quarter of... More