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Five9: Q3 Earnings Snapshot

Five9: Q3 Earnings Snapshot

By AP News
Published - Nov 07, 2024, 06:07 PM ET
Last Updated - Nov 07, 2024, 06:07 PM EST

SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Five9 Inc. (FIVN) on Thursday reported a loss of $4.5 million in its third quarter.

On a per-share basis, the San Ramon, California-based company said it had a loss of 6 cents. Earnings, adjusted for one-time gains and costs, were 67 cents per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The provider of cloud-based software to call centers posted revenue of $264.2 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $254.8 million.

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