Five9: Q1 Earnings Insights

Five9 (NASDAQ:FIVN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what investors…

Five9 (NASDAQ:FIVN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Five9 beat estimated earnings by 70.83%, reporting an EPS of $0.41 versus an estimate of $0.24.

Revenue was up $35.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 9.56% drop in the share price the next day.

Here’s a look at Five9’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.41 0.35 0.18 0.13
EPS Actual 0.54 0.39 0.34 0.22
Revenue Estimate 204.53M 195.10M 179.74M 170.99M
Revenue Actual 208.34M 198.34M 189.38M 182.78M

To track all earnings releases for Five9 visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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