earnings
confidence high
sentiment neutral
materiality 0.85
Five9 Q2 revenue $252.1M (+13% YoY), cuts FY guidance 3.8%, announces Acqueon acquisition
Five9, Inc.
2024-Q2 EPS reported
-$0.27
revenue$499,096,000
- Revenue $252.1M (+13% YoY); GAAP net loss $(12.8)M ($(0.17)/sh); non-GAAP net income $38.9M ($0.52/sh).
- Annual revenue run rate surpasses $1B; LTM enterprise subscription revenue grew 21% YoY.
- Adjusted EBITDA $41.8M (16.6% of revenue); LTM operating cash flow $126M.
- FY2024 revenue guidance reduced by 3.8% citing bookings trends and uncertain economic conditions.
- Agreement to acquire Acqueon, an AI-powered CX platform, to advance AI capabilities.