CORRECTED-BUZZ-Five9 rises after Q4 revenue beats estimates

Reuters
02-21
CORRECTED-BUZZ-Five9 rises after Q4 revenue beats estimates

Correct bullet 4 to add dropped dollar symbol and change forecast range to $1.140 bln-$1.144 bln from $1.14 bln-$1.44 bln

** Call-center software firm Five9 FIVN.O shares up ~3.4% to $43.1

** After markets close on Thursday, FIVN reported better-than-expected Q4 revenue, driven by growth in subscription

** Reported Q4 revenue of $278.7 mln, beating analysts' estimate of $267.8 mln, according to data compiled by LSEG

** Also forecast 2025 revenue in range of $1.140 bln to $1.144 bln, compared with $1.04 bln in 2024

** At least five brokerages raise PTs on the stock after results

** Including session's moves, stock up ~7.7% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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