Five9 (FIVN) Tops Q4 EPS by 6c

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Go back to Five9 (FIVN) Tops Q4 EPS by 6c

Five9 Reports Fourth Quarter Revenue Growth of 36% to a Record $173.6 Million

February 23, 2022 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 fourth quarter and full year ended December 31, 2021.

Fourth Quarter 2021 Financial Results

Revenue for the fourth quarter of 2021 increased 36% to a record $173.6 million, compared to $127.9 million for the fourth quarter of 2020. GAAP gross margin was 54.1% for the fourth quarter of 2021, compared to 59.9% for the fourth quarter of 2020. Adjusted gross margin was... More