Five9 (FIVN) Tops Q1 EPS by 10c

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Go back to Five9 (FIVN) Tops Q1 EPS by 10c

Five9 Reports First Quarter Record Revenue Growth of 45% to a Record $137.9 Million

April 29, 2021 4:05 PM EDT

45% Growth in LTM Enterprise Subscription Revenue

Raised 2021 Guidance for both Revenue and Bottom Line

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, 2021.

First Quarter 2021 Financial Results

Revenue for the first quarter of 2021 increased 45% to a record $137.9 million, compared to $95.1 million for the first quarter of 2020. GAAP gross margin was 56.6% for the first quarter of 2021, compared to 57.9% for... More