Form 8-K Five9, Inc. For: Aug 20
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Needham Reiterates Buy Rating on Five9, Inc (FIVN)
August 21, 2024 5:15 AM EDTNeedham analyst Scott Berg reiterated a Buy rating and $48.00 price target on Five9, Inc (NASDAQ: FIVN).
The analyst comments "Before market close on August 20th, FIVN announced plans to reduce their global workforce by ~7%, estimating the costs of such a plan... More
BTIG Reiterates Buy Rating on Five9, Inc (FIVN)
August 21, 2024 4:54 AM EDTBTIG analyst Matthew VanVliet reiterated a Buy rating and $45.00 price target on Five9, Inc (NASDAQ: FIVN)
The analyst comments "The world is shifting to digital channels and automated workflows. To meet these changes, especially in the new normal environment moving forward, the contact center... More
Five9 (FIVN) to cut 7% of jobs
August 20, 2024 2:08 PM EDTFive9 (NASDAQ: FIVN) disclosed:
On August 20, 2024, Five9, Inc. (the Company) announced a reduction in force plan (the Plan) as part of the Companys broader efforts to drive balanced, profitable growth, further supporting our positive, long-term outlook and focus on increasing shareholder value.
The Plan is expected to reduce the Companys global full-time employees by approximately 7%. The Company estimates the aggregate costs associated with the... More
