Five9 (NASDAQ:FIVN – Get Free Report) updated its FY24 earnings guidance on Thursday. The company provided EPS guidance of $2.15-2.19 for the period, compared to the consensus EPS estimate of $2.17. The company issued revenue guidance of $1.053-1.057 billion, compared to the consensus revenue estimate of $1.06 billion. Five9 also updated its Q2 guidance to $0.42-0.44 EPS.
Five9 Trading Up 2.0 %
NASDAQ:FIVN traded up $1.15 on Friday, reaching $57.88. The company’s stock had a trading volume of 3,913,144 shares, compared to its average volume of 1,140,257. The company has a quick ratio of 5.53, a current ratio of 5.53 and a debt-to-equity ratio of 1.38. The firm has a market cap of $4.27 billion, a price-to-earnings ratio of -68.09 and a beta of 0.85. The stock has a 50 day moving average price of $59.98 and a 200 day moving average price of $68.53. Five9 has a 12-month low of $51.01 and a 12-month high of $92.40.
Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The software maker reported ($0.07) EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $237.64 million. On average, equities analysts anticipate that Five9 will post -0.42 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on FIVN
Insider Activity
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 stock was 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 owns 129,559 shares of the company’s stock, valued at approximately $7,421,139.52. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.80% of the stock is currently owned by corporate insiders.
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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