Five9 (FIVN) Tops Q1 EPS by 10c

Five9 (NASDAQ: FIVN) reported Q1 EPS of $0.23, $0.10 better than the analyst estimate of $0.13. Revenue for the quarter came in at $137.9 million versus the consensus estimate of $122.63 million.

“Our first quarter results exceeded expectations across the board. We delivered record first quarter revenue of $138 million, accelerating 45% year-over-year, an all-time high. Performance was driven by ongoing success with enterprises globally as we continue to close large deals, by our product innovation as a leader in AI-powered automation, and our go-to-market execution. We’ve started this year off with incredible traction and are well positioned to extend our leadership position as we help organizations digitally transform their business and reimagine their customer experience."

GUIDANCE:

Five9 sees Q2 2021 EPS of $0.13-$0.14, versus the consensus of $0.12. Five9 sees Q2 2021 revenue of $131.5-132.5 million, versus the consensus of $121.95 million.

Five9 sees FY2021 EPS of $0.89-$0.93, versus the consensus of $0.76. Five9 sees FY2021 revenue of $548.5-551.5 million, versus the consensus of $520.65 million.

For earnings history and earnings-related data on Five9 (FIVN) click here.

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