Five9 Company Profile (NASDAQ:FIVN)

Five9 trades on the NASDAQ under the ticker symbol "FIVN."

Five9, Inc. (NASDAQ:FIVN) released its quarterly earnings data on Wednesday, August, 3rd. The company reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.05. The company had revenue of $38.90 million for the quarter, compared to analysts' expectations of $36.86 million. Five9 had a negative net margin of 7.08% and a negative return on equity of 42.91%. The firm's revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the company earned ($0.10) earnings per share. View Five9's Earnings History.

Five9 is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Five9.

Five9 issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $(0.00)-0.03 for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.03). The company issued revenue guidance of $193.5-195.5 million, compared to the consensus revenue estimate of $192.91 million.Five9 also updated its Q3 guidance to $(0.02)-(0.00) EPS.

7 analysts have issued 12 month price targets for Five9's shares. Their forecasts range from $13.00 to $27.00. On average, they expect Five9's share price to reach $22.86 in the next year. View Analyst Ratings for Five9.

Here are some recent quotes from research analysts about Five9 stock:

• 1. According to Zacks Investment Research, "Five9 provides cloud software for contact centers. The Company offers software products such as workforce management, speech recognition, predictive dialer, and voice applications. It offers virtual contact center cloud platform that acts as the hub for interactions between its clients and their customers, enabling contact center operations focused on inbound or outbound customer interactions in a single unified architecture. The Company serves customers in various industries, including banking and financial services, business process outsourcers, consumer, healthcare, and technology. Five9, Inc. is headquartered in San Ramon, California. " (8/30/2017)
• 2. Pacific Crest analysts commented, "Five9's cloud revenue has the potential to triple within five years, driven by a multiyear share gain opportunity to disrupt and replace legacy onpremise rivals Avaya, Genesys and Aspect, which, combined, have more than 50% market share that is up for grabs as enterprises embrace cloud contact center platforms. We are upgrading FIVN to Overweight with a $22 price target." (3/17/2017)
• 3. Needham & Company LLC analysts commented, "Five9 reported another all around solid quarter with revenue/EPS upside driven by enterprise segment growth rates exceeding 40% for the third straight quarter. We believe partner contribution continues to evolve, again influencing more than 50% of the quarter's deal and we expect this impact will be sustained at this level or higher as the recent influx of new partners contributes in FY17. Commentary suggests the industry's fast changing vendor landscape with M&A and a bankruptcy are tailwinds just beginning to positively impact FIVN's sales pipelines. We view initial FY17 guidance as conservative, especially with margins given management's stated goal to increase EBITDA margins ~1300bps over two years. We raise our PT to $21 to reflect our expectations of sustained demand trends and potential profitability in 2H." (2/17/2017)

Some companies that are related to Five9 include CyberArk Software (CYBR), Keywords Studios PLC (KWS), Radware (RDWR), GB Group plc (GBG), Digimarc Corporation (DMRC), Rosetta Stone (RST), YuMe (YUME), StatPro Group PLC (SOG), Perion Network Ltd (PERI), SeaChange International (SEAC), Great Elm Capital Group (GEC), CYREN (CYRN), Finjan Holdings (FNJN), Mysquare Ltd (MYSQ), AVG Technologies BV (AVG), Interactive Intelligence Group (ININ), Marketo (MKTO) and Opower (OPWR).

Five9's management team includes the folowing people:

• Michael Burkland, Chairman of the Board, President, Chief Executive Officer
• Barry Zwarenstein, Chief Financial Officer
• Daniel Burkland, Executive Vice President - Global Sales and Services
• Gaurav Passi, Executive Vice President of Product Management and Application Development
• Scott Welch, Executive Vice President of Cloud Operations and Platform Engineering
• Kevin Gavin, Chief Marketing Officer
• David Welsh, Lead Independent Director
• Jack L. Acosta, Independent Director
• Kimberly E. Alexy, Independent Director
• Michael J. Burdiek, Independent Director

Five9's stock is owned by a number of of retail and institutional investors. Top institutional investors include Mutual of America Capital Management LLC (0.21%). Company insiders that own Five9 stock include Adams Street Partners Llc, Barry Zwarenstein, Daniel P Burkland, David S Welsh, Gaurav Passi, Jayendra Das, Kevin Gavin, Michael Burkland, Michael J Crane and Scott Welch. View Institutional Ownership Trends for Five9.

Five9's stock was bought by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. View Insider Buying and Selling for Five9.

Shares of Five9 can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Five9 stock can currently be purchased for approximately $24.59.