Five9, Inc. (NASDAQ:FIVN) is reporting second quarter earnings results on Monday 3rd August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.15 per share.
For the full year, analysts predict revenues of $ 382.35 million, while looking forward to income of $ 0.74 per share.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 90.50 million ~ $ 91.50 million
Full Year 2020 topline are forecasted in a range of$ 380.50 million ~ $ 383.50 million, where as bottomline are predicted in a range of $ 0.72 ~ $ 0.76 per share
Click Here For More Historical Outlooks Of Five9, Inc.
Previous Quarter Performance
Five9, Inc. unveiled income for the first quarter of $ 0.17 per share, from the revenue of $ 95.09 million. The quarterly earnings extended 6.25 percent while revenues boosted 27.57 percent compared with the same quarter last year.
According to street consensus, FIVN was expected to report 1Q20 income of $ 0.15 per share from revenue of $ 89.58 million. The bottom line results beat street analysts by $ 0.02 or 13.33 percent, at the same time, top line results outshined analysts by $ 5.51 million or 6.15 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Five9, Inc.
Stock Performance
According to the previous trading day, closing price of FIVN was $ 120.82, representing a 138.16 % increase from the 52 week low of $ 50.73 and a 1.12 % decrease over the 52 week high of $ 122.19.
The company has a market capital of $ 7.82 billion and is part of the Technology sector and Software – Infrastructure industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”FIVN” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 23rd June 2020, initiated by Wells Fargo & Co at Overweight rating, with $ 125.00 target price.
- On 9th June 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 95.00 target price.
Conference Call
Five9, Inc. will be hosting a conference call at 4:30 PM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.five9.com
Five9, Inc., together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. The company offers 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; and acts as a hub for omnichannel engagement between the clients and their customers, which enables them to manage the end-to-end customer experience in a single unified architecture. Its solution enables its clients to manage these customer interactions across various channels, including voice, chat, email, Web, social media, and mobile, as well as connects them to an appropriate agent.