Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
04 April 2014Website:
http://www.five9.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:44:48 GMTDividend
Analysts recommendations
Institutional Ownership
FIVN Latest News
Five9 reported 2Q24 revenues of $252 million, showing 13% YoY and 2.02% QoQ growth, with stable gross margins and improved operating and net income margins. Increase in artificial intelligence adoption will increase FIVN's TAM by 30%. The acquisition of Acqueon will enhance FIVN's outbound communication services and AI capabilities. FIVN has a strong liquidity profile and is able to generate consistent free cash flows.
SAN RAMON, Calif.--(BUSINESS WIRE)--Five9, Inc. (Nasdaq: FIVN), provider of the Intelligent CX Platform, today provided details for its third quarter 2024 financial results conference call on Thursday, November 7, 2024, at 4:30 p.m. Eastern Time. Participants may register for the Zoom Video webinar at 4:30 p.m. Eastern Time on November 7, 2024, by clicking here. A replay will be available shortly after the conclusion of the live event. Both the live webcast and replay will be available on the I.
Legion Partners has built a stake in Five9 and is pushing for a board seat and cost cuts, two sources familiar with the matter said on Tuesday, making it the second activist investor to buy into the U.S. call center software firm's stock.
Software stock Five9 Inc (NASDAQ:FIVN) is up 03.3% to trade at $30.29 today, set to finishing four out of the last five sessions higher, including a 6.1% pop on Oct. 10.
Tom Yeung here, with this week's Sunday Digest. Last week, I wrote how smaller companies tend to outperform when the U.S. Federal Reserve cuts rates.
Yesterday, Piper Sandler maintained its Overweight rating on Five9 (NASDAQ: FIVN) but slashed the price target to $35 from $47, signaling concerns over the company's ability to execute amidst economic challenges. This new target implies a modest 22% upside from Five9's current price, a sharp drop from prior expectations.
Editor's note: This story has been updated to correct price action at the time of publication.
Five9, Inc. cut its FY 2024 top-line guidance by -3.8%, which implies that its revenue growth is expected to moderate from +16.9% in 2023 to +11.5% in 2024. But Five9 revised its 2024 EPS guidance upwards by +4.6% considering its cost control plans, and its Total Addressable Market might expand significantly if more clients adopt its Intelligent Virtual Agent solution. I have lowered my rating for FIVN stock to a Hold, considering the company's mixed prospects and the stock's fair valuations.
Five9, Inc. FIVN shares are trading lower today. Several analysts lowered the price target on the stock following an annual guidance cut due to recent booking trends and economic uncertainty.
Five9 (FIVN) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.52 per share a year ago.
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What type of business is Five9?
Five9, Inc. is a technology company headquartered in San Ramon, California, providing cloud software for communication between various enterprises and their customers to call centers and technical support services. The company was founded in 2001. The company's cloud platform (VCC) offers a full suite of easy-to-use applications that provide a wide range of customer service, sales, and marketing functions. VCC allows for simultaneous management and optimization of customer interactions through voice, chat, email, internet, social media, mobile apps, and more.
What sector is Five9 in?
Five9 is in the Technology sector
What industry is Five9 in?
Five9 is in the Software Infrastructure industry
What country is Five9 from?
Five9 is headquartered in United States
When did Five9 go public?
Five9 initial public offering (IPO) was on 04 April 2014
What is Five9 website?
https://www.five9.com
Is Five9 in the S&P 500?
No, Five9 is not included in the S&P 500 index
Is Five9 in the NASDAQ 100?
No, Five9 is not included in the NASDAQ 100 index
Is Five9 in the Dow Jones?
No, Five9 is not included in the Dow Jones index
When was Five9 the previous earnings report?
No data
When does Five9 earnings report?
The next expected earnings date for Five9 is 07 November 2024