Shares of Five9 (FIVN) surged 5.26% in pre-market trading on Friday, following the company's impressive first-quarter 2025 earnings report and raised full-year guidance. The cloud software provider demonstrated resilience in the face of macroeconomic challenges, showcasing strong growth in key areas.

Five9 reported adjusted earnings of $0.62 per share for Q1, significantly beating analysts' expectations of $0.48 per share and marking a 29% increase year-over-year. The company's revenue rose 13.2% to $279.71 million, surpassing the Wall Street consensus of $272.39 million. Notably, subscription revenue, which accounts for 80% of total revenue, grew by 14% compared to the same period last year.

Adding to investor optimism, Five9 raised its 2025 Non-GAAP EPS guidance to $2.76, up $0.16 from its previous forecast, while maintaining its revenue guidance at $1.14 billion. The company also highlighted strong AI momentum, with enterprise AI revenue growing 32% year-over-year. Despite some analysts lowering their price targets, the market appears to be focusing on Five9's robust performance and positive outlook, driving the stock's pre-market rally.