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

Reuters
09 Nov 2024
<a href="https://laohu8.com/S/FIVN">Five9 Inc</a> reports results for the quarter ended September 30 - Earnings Summary
  • 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

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