Earnings Summary Five9 Inc FIVN Q2 2024 Report
Intellectia.AI Updated: 1970-01-014
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Earnings Summary: Five9 Inc. (FIVN) Q2 2024 Report
Five9 Inc. (FIVN) reported its earnings for the second quarter ending June 30, 2024. Here's a concise overview of the financial performance.
Key Financial Metrics
| Metric | Q2 2024 | Q1 2024 | Q2 2023 | YoY Change | QoQ Change | Consensus Estimates |
|---|---|---|---|---|---|---|
| Revenue | $252.1 million | $247.0 million | $222.9 million | +13.1% | +2.1% | $245.23 million |
| Earnings Per Share (EPS) | $0.44 | $0.43 | $0.37 | +18.9% | +2.3% | $0.44 |
Interpretation : Five9's revenue showed a notable year-over-year increase of 13.1% and a quarter-over-quarter rise of 2.1%, surpassing consensus estimates. The EPS also met the expected $0.44, showcasing robust financial performance in this quarter.
Stock Price Movement
Following the earnings release, Five9 Inc.'s stock price increased by approximately 2.91%.
This concise summary captures the main aspects of Five9 Inc.'s Q2 2024 earnings, reflecting the company’s overall solid performance in comparison to analysts' expectations.
