Five9 (NASDAQ:FIVN – Get Free Report) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.69-0.71 for the period, compared to the consensus EPS estimate of $0.69. The company issued revenue guidance of $267-268 million, compared to the consensus revenue estimate of $261.21 million.
Five9 Price Performance
NASDAQ:FIVN traded up $1.33 during trading hours on Thursday, hitting $32.81. The stock had a trading volume of 3,307,743 shares, compared to its average volume of 1,458,653. The business has a 50 day simple moving average of $29.38 and a two-hundred day simple moving average of $39.58. Five9 has a 1-year low of $26.60 and a 1-year high of $92.40. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 1.39.
Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The software maker reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.14. The firm had revenue of $252.09 million during the quarter, compared to the consensus estimate of $244.54 million. Five9 had a negative return on equity of 6.59% and a negative net margin of 5.44%. Analysts expect that Five9 will post -0.09 EPS for the current year.
Analyst Upgrades and Downgrades
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Insiders Place Their Bets
In other Five9 news, CFO Barry Zwarenstein sold 4,408 shares of Five9 stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $26.97, for a total value of $118,883.76. Following the completion of the sale, the chief financial officer now directly owns 101,732 shares in the company, valued at $2,743,712.04. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Five9 news, CFO Barry Zwarenstein sold 4,408 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $26.97, for a total transaction of $118,883.76. Following the transaction, the chief financial officer now owns 101,732 shares in the company, valued at $2,743,712.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Leena Mansharamani sold 1,395 shares of the business’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $30.51, for a total transaction of $42,561.45. Following the completion of the sale, the chief accounting officer now owns 36,872 shares of the company’s stock, valued at $1,124,964.72. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 36,493 shares of company stock valued at $1,097,753 in the last three months. Insiders own 1.80% of the company’s stock.
About Five9
Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.
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