Five9 beats Q2 revenue and adjusted EPS estimates, names new CFO

Reuters
Aug 01
Five9 beats <a href="https://laohu8.com/S/QTWO">Q2</a> revenue and adjusted EPS estimates, names new CFO

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.)

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