secwatch.observer — SEC 8-K summary
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Issuer:     Five9, Inc. (FIVN)
CIK:        0001288847
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001288847-24-000116
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five9 Q2 revenue $252.1M (+13% YoY), cuts FY guidance 3.8%, announces Acqueon acquisition
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288847/000128884724000116/0001288847-24-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288847/000128884724000116/fivn-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001288847-24-000116

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