Five9 Inc reports results for the quarter ended September 30 - Earnings Summary

Five9

08/11/2024 21:02

* Five9 Inc  FIVN.OQ  reported quarterly adjusted earnings
of 67
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 52 cents.  The mean expectation of twenty one analysts for
the quarter was for earnings of 58 cents per share. Wall Street
expected results to range from 57 cents to 62 cents per share.
    * Revenue rose 14.8% to $264.18 million from a year ago;
analysts
expected $255.08 million. 
    * Five9 Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The company reported a quarterly loss of $4.48 million.
    * Five9 Inc shares had risen by 14.2% this quarter and
lost 58.3%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Five9 Inc is
$52.50 
This summary was machine generated from LSEG data November 8 at
09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.58           0.67           Beat
 Jun. 30 2024      0.44           0.52           Beat
 Mar. 31 2024      0.38           0.48           Beat
 Dec. 31 2023      0.49           0.61           Beat