Five9: Q2 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Five9 Inc. (FIVN) on Monday reported a loss of $21.7 million in its second quarter.

The San Ramon, California-based company said it had a loss of 30 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 52 cents per share.

The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The provider of cloud-based software to call centers posted revenue of $222.9 million in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $214.1 million.

For the current quarter ending in September, Five9 expects its per-share earnings to range from 42 cents to 44 cents.

The company said it expects revenue in the range of $223.5 million to $224.5 million for the fiscal third quarter.

Five9 expects full-year earnings in the range of $1.79 to $1.83 per share, with revenue ranging from $908 million to $910 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIVN at https://www.zacks.com/ap/FIVN

Advertisement

Recommended Stories