Five9 (NASDAQ:FIVN – Get Free Report) updated its second quarter earnings guidance on Thursday. The company provided EPS guidance of $0.42-0.44 for the period, compared to the consensus EPS estimate of $0.44. The company issued revenue guidance of $244-245 million, compared to the consensus revenue estimate of $248.25 million. Five9 also updated its FY24 guidance to $2.15-2.19 EPS.
Five9 Stock Performance
Shares of FIVN stock traded up $1.15 during trading hours on Friday, hitting $57.88. The stock had a trading volume of 3,913,144 shares, compared to its average volume of 1,140,257. The stock’s 50 day moving average is $59.98 and its 200 day moving average is $68.53. The firm has a market capitalization of $4.27 billion, a PE ratio of -68.09 and a beta of 0.85. Five9 has a twelve month low of $51.01 and a twelve month high of $92.40. The company has a debt-to-equity ratio of 1.38, a current ratio of 5.53 and a quick ratio of 5.53.
Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The software maker reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.14. Five9 had a negative net margin of 6.56% and a negative return on equity of 9.03%. The company had revenue of $239.06 million for the quarter, compared to the consensus estimate of $237.64 million. As a group, research analysts forecast that Five9 will post -0.42 earnings per share for the current fiscal year.
Analyst Ratings Changes
View Our Latest Research Report on FIVN
Insider Transactions at Five9
In related news, COO Andy Dignan sold 7,340 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $57.28, for a total value of $420,435.20. Following the completion of the sale, the chief operating officer now directly owns 129,559 shares in the company, valued at $7,421,139.52. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.80% of the company’s stock.
Five9 Company Profile
Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.
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