Five9 (FIVN) Tops Q3 EPS by 5c

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Five9 Reports Third Quarter Revenue Growth of 38% to a Record $154.3 Million

November 8, 2021 4:05 PM EST

51% Growth in LTM Enterprise Subscription Revenue

SAN RAMON, Calif.--(BUSINESS WIRE)-- Five9, Inc. (NASDAQ: FIVN), a leading provider of cloud contact center software, today reported results for the third quarter ended September 30, 2021.

Third Quarter 2021 Financial Results

Revenue for the third quarter of 2021 increased 38% to a record $154.3 million, compared to $112.1 million for the third quarter of 2020. GAAP gross margin was 56.5% for the third quarter of 2021, compared to 58.5% for the third quarter of 2020. Adjusted gross margin was 64.1% for the third quarter... More