Five9 IncFIVN
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Beat Q2 estimates and raised full-year revenue guidance.
Impact on stocks 1
Artificial Intelligence
Five9 IncFive9 Shares Surge 17.7% After Beating Q2 Estimates and Raising Revenue Guidance
Earnings
Five9 shares jumped 17.7% after the cloud contact center provider reported second-quarter results that beat Wall Street expectations and raised its full-year revenue guidance. The company posted adjusted earnings of $0.70 per share on revenue of $312.4 million, with revenue growing 10.3% year-over-year. Management lifted its full-year revenue outlook to $1.27 billion at the midpoint and forecast next-quarter sales above consensus, while reiterating its full-year profit guidance. The stock closed at $33.98, up 19.8% from the previous close.
Five9 IncBeat Q2 estimates and raised full-year revenue guidance.