Five9 exceeded revenue expectations in Q4, with stock price rising 9.2%
From Barchart: 2025-02-20 16:39:26
Five9 (NASDAQ: FIVN) exceeded revenue expectations in Q4 CY2024, with sales up 16.6% year on year to $278.7 million. Next quarter’s revenue is expected to be around $272 million, close to analysts’ estimates. Non-GAAP profit was $0.47 per share, 33% below consensus. For the upcoming financial year 2025, management forecasts $1.14 billion revenue and $2.60 adjusted EPS at the midpoint. Five9 offers software-as-a-service for call centers and reported 46% YoY growth in Enterprise AI revenue in Q4. However, customer acquisition cost payback period was 51.2 months, indicating intense competition. The stock price rose 9.2% to $45.68 after the results.
Read more at Barchart: Five9 (NASDAQ:FIVN) Exceeds Q4 Expectations, Stock Soars