Five9 (FIVN) Tops Q1 EPS by 9c, Offers Guidance

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Go back to Five9 (FIVN) Tops Q1 EPS by 9c, Offers Guidance

Five9 Reports First Quarter Revenue Growth of 33% to a Record $182.8 Million

April 28, 2022 4:05 PM EDT

46% Growth in LTM Enterprise Subscription Revenue
16% Operating Cash Flow Margin in the First Quarter
Raises 2022 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, 2022.

First Quarter 2022 Financial Results

Revenue for the first quarter of 2022 increased 33% to a record $182.8 million, compared to $137.9 million for the first quarter of 2021. GAAP gross margin was 51.4% for... More