Five9 (FIVN) Tops Q1 EPS by 2c; Guides FY EPS Lower

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Go back to Five9 (FIVN) Tops Q1 EPS by 2c; Guides FY EPS Lower

Five9 Reports First Quarter Revenue Growth of 28% to a Record $95.1 Million

May 4, 2020 4:05 PM EDT

33% Growth in LTM Enterprise Subscription Revenue

Seventeenth Consecutive Quarter of Positive Operating Cash Flow at $10.4 Million

SAN RAMON, Calif.--(BUSINESS WIRE)-- Five9, Inc. (NASDAQ: FIVN), a leading provider of cloud contact center software, today reported results for the first quarter ended March 31, 2020.

First Quarter 2020 Financial Results

Revenue for the first quarter of 2020 increased 28% to a record $95.1 million, compared to $74.5 million for the first quarter of 2019. GAAP gross margin was 57.9% for the first quarter of 2020, compared to... More