secwatch.observer — SEC 8-K summary
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Issuer:     Five9, Inc. (FIVN)
CIK:        0001288847
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001288847-23-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five9 reports Q1 revenue up 20% to record $218.4M; non-GAAP EPS $0.41 vs $0.22 YoY
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- GAAP net loss narrowed to $(27.2)M ($0.38 loss/share) from $(34.1)M ($0.49 loss) YoY.
- Non-GAAP net income rose to $29.4M ($0.41 diluted EPS) from $15.6M ($0.22) YoY.
- Record GAAP operating cash flow of $33.4M vs $28.7M YoY; adjusted EBITDA $35.1M (16.1% of revenue).
- LTM enterprise subscription revenue grew 31% YoY; LTM international revenue grew 48% YoY.
- Adjusted gross margin 60.4% vs 60.5% YoY; GAAP gross margin improved to 52.0% from 51.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288847/000128884723000075/0001288847-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288847/000128884723000075/fivn-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001288847-23-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer