Five9 Reports Third Quarter Revenue Growth of 38% to a Record $154.3 Million
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Five9 (FIVN) Shares Surge on Broad-Based Beat, Analysts Upgrade to Buy Ahead of Analyst Day
November 9, 2021 9:39 AM ESTShares of Five9 (NASDAQ: FIVN) are trading more than 11% higher in todays trading session after the company reported Q3 results and guidance that topped market estimates.
Five9 reported Q3 EPS of $0.28 to top the analyst estimate of $0.23. Revenue for the quarter came in at $154.3 million versus the consensus estimate of $146.65 million.
Our performance for the quarter underscores the strength of our platform and the value we deliver to customers seeking to modernize and transform their contact centers. We have differentiated our platform by building a leadership position in AI-driven automation around customer... More
UBS Upgrades Five9, Inc (FIVN) to Buy
November 9, 2021 9:31 AM ESTUBS analyst Taylor McGinnis upgraded Five9, Inc (NASDAQ: FIVN) from Neutral to Buy with a price target of $195.00 (from $175.00).
The analyst comments "Checks leaned positive on demand in our 3QF21 preview, pointing to the potential for a good print and FIVN didnt disappoint with 38% revs growth (in-line with expectations and solid against a tougher... More
Five9 (FIVN) Tops Q3 EPS by 5c
November 8, 2021 4:36 PM ESTFive9 (NASDAQ: FIVN) reported Q3 EPS of $0.28, $0.05 better than the analyst estimate of $0.23. Revenue for the quarter came in at $154.3 million versus the consensus estimate of $146.65 million.
GUIDANCE:
Five9 sees FY2021 EPS of $1.09-$1.10, versus the consensus of $1.02. Five9 sees... More
