Five9 Reports Strong Q4 Earnings, Tops Expectations
SAN RAMON, Calif. - Five9 Inc. (FIVN) reported fourth-quarter earnings of $11.6 million, or 13 cents per diluted share.
Adjusted for non-recurring items, earnings were 78 cents per share, exceeding analysts' consensus estimate of 70 cents.
Revenue for the quarter was $278.7 million, also surpassing Wall Street forecasts of $267.5 million.
For the full year, Five9 reported a net loss of $12.8 million on revenue of $1.04 billion.
For the current quarter ending in March, Five9 expects earnings per share between 47 and 49 cents on revenue of $271.5 million to $272.5 million.
For the full year, the company anticipates earnings between $2.58 and $2.62 per share on revenue of $1.14 billion.