US3383071012 - Common Stock
FIVE9 INC
NASDAQ:FIVN (11/11/2024, 8:00:00 PM)
After market: 39.25 -0.42 (-1.06%)39.67
+2.85 (+7.74%)
Five9, Inc. engages in the provision of cloud software for contact centers. The company is headquartered in San Ramon, California and currently employs 2,684 full-time employees. The company went IPO on 2014-04-04. The firm's purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales, and marketing functions. Five9’s solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, e-mail, Web, social media and mobile channels, either directly or through its application programming interfaces (APIs). Five9’s VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integration with enterprise applications, such as customer relationship management software, to optimize the customer experience and agent productivity. The company provides its solution through a software as a service (SaaS) business model with recurring subscriptions.
FIVE9 INC
4000 Executive Pkwy., Suite 400
San Ramon CALIFORNIA 94583
P: 19252012000
CEO: Rowan Trollope
Employees: 2684
Website: https://www.five9.com/
Shares of call center software provider Five9 (NASDAQ: FIVN) jumped 24.7% in the morning session after the company reported strong third-quarter earnings. Five9 blew past analysts' sales, EBITDA, and EPS expectations. Notably, subscription revenue growth accelerated 20% year-over-year, driven by the strong uptake of its AI solutions, which increased customer acquisition and expanded the average revenue per user. The company is focused on accelerating subscription revenue, which is mostly recurring, leading to lower customer acquisition costs upon renewal in subsequent years. Consequently, this translates to higher profit margins.
Get insights into the top gainers and losers of Friday's pre-market session.
Call center software provider Five9 (NASDAQ: FIVN) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 14.8% year on year to $264.2 million. Guidance for next quarter’s revenue was optimistic at $267.5 million at the midpoint, 2.4% above analysts’ estimates. Its non-GAAP profit of $0.67 per share was also 15.1% above analysts’ consensus estimates.
Call center software provider Five9 (NASDAQ: FIVN) will be reporting results tomorrow after market hours. Here’s what investors should know.
Here you can normally see the latest stock twits on FIVN, but your cookie settings prevent this from loading. You can edit your cookie settings in our cookie consent dialog.
Example Twits: