FIVN Stock Recent News

Five9, Inc. (NASDAQ:FIVN ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Mike Burkland - CEO and Chairman Andy Dignan - COO Barry Zwarenstein - CFO Conference Call Participants David Hynes - Canaccord Michael Turrin - Wells Fargo Meta Marshall - Morgan Stanley Will Power - Baird Arjun Bhatia - William Blair Ryan MacWilliams - Barclays Robert Dee - Truist Siti Panigrahi - Mizuho Quinton Gabrielli - Piper Sandler Billy Fitzsimmons - Jefferies Michael Funk - Bank of America Merrill Lynch Catharine Trebnick - Rosenblatt Operator Thank you for joining us today. Certain statements made during the course of this conference call that are not historical facts including those regarding the future financial performance and cash position of the company, expected improvement in financial and related metrics, expected ARR from certain customers, our proposed acquisition of Acqueon, certain expected revenue mix shifts, customer growth, anticipated customer benefits

Five9 (FIVN) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.52 per share a year ago.

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9 (NASDAQ: FIVN), provider of the Intelligent CX Platform, today announced that it has once again been positioned by Gartner as a Leader in the Magic Quadrant for Contact Center as a Service for its Completeness of Vision and Ability to Execute. We believe our AI-driven platform supports large and complex CCaaS deployments, best-in-class professional services and customer support, and ease of use. The Five9 Intelligent CX Platform, powered by Five9 Genius.

Five9 reported 2Q24 revenues of $252 million, showing 13% YoY and 2.02% QoQ growth, with stable gross margins and improved operating and net income margins. Increase in artificial intelligence adoption will increase FIVN's TAM by 30%. The acquisition of Acqueon will enhance FIVN's outbound communication services and AI capabilities. FIVN has a strong liquidity profile and is able to generate consistent free cash flows.

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9, Inc. (Nasdaq: FIVN), provider of the Intelligent CX Platform, today provided details for its third quarter 2024 financial results conference call on Thursday, November 7, 2024, at 4:30 p.m. Eastern Time. Participants may register for the Zoom Video webinar at 4:30 p.m. Eastern Time on November 7, 2024, by clicking here. A replay will be available shortly after the conclusion of the live event. Both the live webcast and replay will be available on the I.

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9 (NASDAQ: FIVN), provider of the Intelligent CX Platform, today released the results of a consumer survey, aimed at helping organizations understand how consumers perceive AI and evolving customer experiences. The survey explores consumer sentiments around AI and CX, as well as around holiday shopping, travel, and healthcare. New Five9 data highlights the continued importance of the human touch in CX, as 75% prefer talking to a real human in-person or ov.

Legion Partners has built a stake in Five9 and is pushing for a board seat and cost cuts, two sources familiar with the matter said on Tuesday, making it the second activist investor to buy into the U.S. call center software firm's stock.

Software stock Five9 Inc (NASDAQ:FIVN) is up 03.3% to trade at $30.29 today, set to finishing four out of the last five sessions higher, including a 6.1% pop on Oct. 10.

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9 (Nasdaq: FIVN), provider of the Intelligent CX Platform, today announced Five9 CX Summit Barcelona, taking place on November 12-14 at Torre Melina in Barcelona, Spain. CX Summit is Five9's premier annual CX conference, bringing together global industry leaders, innovators, and customer experience (CX) experts to explore the latest trends and strategies shaping the future of AI-driven customer experience. At this year's event, Five9 is excited to announc.

SAN RAMON, Calif.--(BUSINESS WIRE)--Five9 (Nasdaq: FIVN), provider of the Intelligent CX Platform, today announced the expanded availability in India with the addition of two new Five9 Data Centers in Delhi and Mumbai, India, to support both local and multi-national enterprises powering customer experience strategies in-region. Additionally, Five9 announced it has achieved Department of Telecommunications (DOT) Unified License (Virtual Network Operator) (UL VNO) licensing to provide Access Serv.