secwatch.observer — SEC 8-K summary
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Issuer:     Five9, Inc. (FIVN)
CIK:        0001288847
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001288847-24-000059
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five9 Q1 revenue up 13% to $247M; non-GAAP EPS $0.48; raises full-year guidance
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- Revenue $247.0M (+13% YoY); subscription revenue +20% YoY to a record.
- GAAP net loss $(7.1M) ($0.10 loss/shr); non-GAAP net income $35.7M ($0.48/shr).
- Adjusted EBITDA $37.6M (15.2% of revenue); GAAP operating cash flow $32.4M.
- Signed largest deal ever with Fortune 50 financial services company.
- Q2 2024 guidance: revenue $253-257M; full-year revenue raised to $1.055-1.075B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288847/000128884724000059/0001288847-24-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288847/000128884724000059/fivn-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001288847-24-000059

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