Five9 (FIVN) Tops Q4 EPS by 13c; Guides

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Go back to Five9 (FIVN) Tops Q4 EPS by 13c; Guides

Five9 (FIVN) shares tumble as macro headwinds weigh on Q1 revenue guidance

February 23, 2023 9:52 AM EST

Five9 (NASDAQ: FIVN) dropped in early Thursday trading after it missed first-quarter revenue guidance expectations.

The company told investors it expects Q1 2023 earnings of $0.23 to $0.25 per share, versus the consensus of $0.21, but revenue for the quarter is seen between $207 million and $208 million, below the consensus of $209.71 million.

Despite beating on other metrics, the Q1 revenue guidance miss was enough to see the stock fall 8% at the open.

For the full year 2023, Five9 sees earnings per share between $1.67 and $1.71, versus the... More