Five9 (FIVN) Tops Q2 EPS by 13c; Issues Mixed Guidance

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Go back to Five9 (FIVN) Tops Q2 EPS by 13c; Issues Mixed Guidance

Five9 Reports Second Quarter Revenue Growth of 18% to a Record $222.9 Million

August 7, 2023 4:05 PM EDT

28% Growth in LTM Enterprise Subscription Revenue

Q2 Record GAAP Operating Cash Flow of $21.9 Million

SAN RAMON, Calif.--(BUSINESS WIRE)-- Five9, Inc. (NASDAQ: FIVN), the intelligent CX Platform provider, today reported results for the second quarter ended June 30, 2023.

Second Quarter 2023 Financial Results

Revenue for the second quarter of 2023 increased 18% to a record $222.9 million, compared to $189.4 million for the second quarter of 2022. GAAP gross margin was 53.2% for the second quarter of 2023, compared to 53.4% for the second quarter... More