secwatch.observer — SEC 8-K summary
======================================

Issuer:     Five9, Inc. (FIVN)
CIK:        0001288847
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001288847-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five9 reports 17% revenue growth to $910.5M in FY2023; Q4 record operating cash flow
--------------------------------------------------------------------------------

- Q4 revenue $239.1M (+15% YoY); full-year revenue $910.5M (+17% YoY).
- GAAP net loss narrowed to $(12.4)M in Q4 from $(13.7)M; non-GAAP net income $45.1M ($0.61/diluted share).
- Adjusted EBITDA margin 20.2% in Q4; record GAAP operating cash flow $36.5M in Q4 and $128.8M for 2023.
- Enterprise subscription revenue grew 25% in 2023; management cites record bookings and pipeline all-time high.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288847/000128884724000009/0001288847-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288847/000128884724000009/fivn-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001288847-24-000009

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