Five9 (NASDAQ:FIVN – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. 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 Price Performance
NASDAQ:FIVN traded down $1.51 during trading hours on Thursday, reaching $56.73. The company’s stock had a trading volume of 2,032,612 shares, compared to its average volume of 1,284,477. The stock has a 50 day moving average price of $60.20 and a two-hundred day moving average price of $68.58. The company has a debt-to-equity ratio of 1.38, a quick ratio of 5.53 and a current ratio of 5.53. 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 data on Wednesday, February 21st. The software maker reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.14. Five9 had a negative net margin of 8.98% and a negative return on equity of 12.51%. The business had revenue of $239.06 million during the quarter, compared to the consensus estimate of $237.64 million. Analysts forecast that Five9 will post -0.42 EPS for the current year.
Analyst Ratings Changes
Read Our Latest Research Report on FIVN
Insider Activity
In other news, COO Andy Dignan sold 7,340 shares of Five9 stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $57.28, for a total value of $420,435.20. Following the sale, the chief operating officer now owns 129,559 shares of the company’s stock, valued at $7,421,139.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.80% of the company’s stock.
About Five9
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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