Five9 (FIVN) Tops Q1 EPS by 2c; Guides FY EPS Lower
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Five9 Reports First Quarter Revenue Growth of 28% to a Record $95.1 Million
May 4, 2020 4:05 PM EDT33% Growth in LTM Enterprise Subscription Revenue
Seventeenth Consecutive Quarter of Positive Operating Cash Flow at $10.4 Million
SAN RAMON, Calif.--(BUSINESS WIRE)-- Five9, Inc. (NASDAQ: FIVN), a leading provider of cloud contact center software, today reported results for the first quarter ended March 31, 2020.
First Quarter 2020 Financial Results
Revenue for the first quarter of 2020 increased 28% to a record $95.1 million, compared to $74.5 million for the first quarter of 2019. GAAP gross margin was 57.9% for the first quarter of 2020, compared to... More