Five9 (FIVN) dips 5% on mixed guidance; FQ4 earnings top estimates

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Five9 Reports Full Year 2023 Revenue Growth of 17% to a Record $910 Million

February 21, 2024 4:05 PM EST

2023 Enterprise Subscription Revenue Growth of 25%

Q4 Revenue Growth of 15% to $239 Million

Q4 Record GAAP Operating Cash Flow of $37 Million

SAN RAMON, Calif.--(BUSINESS WIRE)-- Five9, Inc. (NASDAQ: FIVN), the Intelligent CX Platform provider, today reported results for the fourth quarter and full year ended December 31, 2023.

Fourth Quarter 2023 Financial Results

Revenue for the fourth quarter of 2023 increased 15% to a record $239.1 million, compared to $208.3 million for the fourth quarter of 2022. GAAP gross margin was... More