Overview
Five9 Q2 revenue rises 12% yr/yr to $283 mln, beating analysts' expectations
Adjusted EPS for Q2 beats estimates, reaching $0.76
Co appoints Bryan Lee as new Chief Financial Officer
Outlook
Five9 sees Q3 revenue between $283 mln and $286 mln
Five9 expects FY 2025 revenue between $1.1435 bln and $1.1495 bln
Company forecasts FY 2025 GAAP EPS between $0.23 and $0.30
Five9 anticipates FY 2025 non-GAAP EPS between $2.86 and $2.90
Result Drivers
ENTERPRISE AI - Revenue growth driven by 42% increase in Enterprise AI revenue, now 10% of subscription revenue
SALES EXECUTION - Strong momentum in sales execution with Enterprise AI bookings tripling year-over-year
ADJUSTED EBITDA - Record adjusted EBITDA margin of 24% attributed to balanced, profitable growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $283.27 mln | $275.20 mln (21 Analysts) |
Q2 Adjusted EPS | Beat | $0.76 | $0.65 (21 Analysts) |
Q2 Net Income | $1.15 mln | ||
Q2 Gross Profit | $155.40 mln | ||
Q2 Income from Operations | -$1.56 mln | ||
Q2 Pretax Profit | $2.54 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Five9 Inc is $35.00, about 22.1% above its July 30 closing price of $27.27
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nBw5Z97WHa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)