Latest news with #NewCX
Yahoo
22-05-2025
- Business
- Yahoo
Five9 Announces Upcoming Conference Participation
SAN RAMON, Calif., May 22, 2025--(BUSINESS WIRE)--Five9, Inc. (NASDAQ:FIVN), provider of the Intelligent CX Platform, today announced that members of its management team will present at the following investor conference: William Blair Growth Stock Conference on Thursday, June 5th at 8:40 AM Central Time A webcast of the event will be available on the investor relations section of the Company's website at About Five9 Five9 empowers organizations to create hyper-personalized and effortless AI-driven customer experiences that deliver better business outcomes. Powered by Five9 Genius AI and our people, the Five9 Intelligent CX Platform is trusted by 3,000+ customers and 1,400+ partners globally. The New CX starts here and it's at the heart of every winning experience. For more information, visit Engage with us @Five9, LinkedIn, Facebook, Blog View source version on Contacts Investor Relations Contact: Five9, LeeInterim Chief Financial Officer925-201-2000IR@ The Blueshirt Group for Five9, Greensteinemily@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-04-2025
- Business
- Yahoo
Five9 to Report First Quarter 2025 Financial Results on May 1, 2025
SAN RAMON, Calif., April 10, 2025--(BUSINESS WIRE)--Five9, Inc. (Nasdaq: FIVN), provider of the Intelligent CX Platform, today provided details for its first quarter 2025 financial results conference call on Thursday, May 1, 2025, at 4:30 p.m. Eastern Time. Participants may register for the webinar at 4:30 p.m. Eastern Time on May 1, 2025, by clicking here. A replay will be available shortly after the conclusion of the live event. Both the live webcast and replay will be available on the Investor Relations section of the Company's website at About Five9 Five9 empowers organizations to create hyper-personalized and effortless AI-driven customer experiences that deliver better business outcomes. Powered by Five9 Genius AI and our people, the Five9 Intelligent CX Platform is trusted by 3,000+ customers and 1,400+ partners globally. The New CX starts here and it's at the heart of every winning experience. For more information, please visit Engage with us @Five9, LinkedIn, Facebook, Blog View source version on Contacts Investor Relations Contact: The Blueshirt Group for Five9, Greensteinemily@ or IR@ Sign in to access your portfolio
Globe and Mail
27-02-2025
- Business
- Globe and Mail
Q4 Video Conferencing Earnings: Five9 (NASDAQ:FIVN) Impresses
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Five9 (NASDAQ:FIVN) and the rest of the video conferencing stocks fared in Q4. Work is becoming more distributed, both across geographies and devices. In order for businesses to keep functioning efficiently, they need to be able to communicate as well as they did when the teams were co-located, which drives the demand for integrated communication platforms. The 4 video conferencing stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 7.8% since the latest earnings results. Best Q4: Five9 (NASDAQ:FIVN) Started in 2001, Five9 (NASDAQ: FIVN) offers software-as-a-service that makes it easier for companies to set up and efficiently run call centers to offer more tailored customer support. Five9 reported revenues of $278.7 million, up 16.6% year on year. This print exceeded analysts' expectations by 4%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' billings estimates. 'We are very pleased to report strong year end results, with 2024 annual revenue exceeding $1 billion. Fourth quarter revenue growth accelerated to 17%, driven by our subscription revenue growing 19%. We reached an all-time record adjusted EBITDA margin of 23%, helping drive our highest ever quarterly operating cash flow of $50 million. Throughout the year, we extended our leadership position in AI by further enhancing our AI-powered platform to deliver the New CX. Our record results and strong traction in our AI business continue to demonstrate the power of our platform in enabling brands to elevate their CX in this rapidly evolving world of AI as evidenced by our Enterprise AI revenue growing 46% YoY in the fourth quarter. We believe we are well positioned with our AI-powered platform and trusted AI experts to continue driving durable long-term growth and look forward to building on our momentum in 2025.' Five9 achieved the biggest analyst estimates beat, fastest revenue growth, and highest full-year guidance raise of the whole group. Investor expectations, however, were likely higher than Wall Street's published projections, leaving some wishing for even better results (analysts' consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 8.6% since reporting and currently trades at $38.22. Is now the time to buy Five9? Access our full analysis of the earnings results here, it's free. Zoom (NASDAQ:ZM) Started by Eric Yuan who once ran engineering for Cisco's video conferencing business, Zoom (NASDAQ:ZM) offers an easy to use, cloud-based platform for video conferencing, audio conferencing and screen sharing. Zoom reported revenues of $1.18 billion, up 3.3% year on year, in line with analysts' expectations. The business performed better than its peers, but it was unfortunately a mixed quarter with accelerating growth in large customers but full-year EPS guidance missing analysts' expectations significantly. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 8.5% since reporting. It currently trades at $74.20. Is now the time to buy Zoom? Access our full analysis of the earnings results here, it's free. Weakest Q4: RingCentral (NYSE:RNG) Founded in 1999 during the dot-com era, RingCentral (NYSE:RNG) provides software as a service that unifies phone, text, fax, video calls and chat in one platform. RingCentral reported revenues of $614.5 million, up 7.6% year on year, in line with analysts' expectations. It was a slower quarter as it posted EPS guidance for next quarter missing analysts' expectations significantly and a miss of analysts' annual recurring revenue estimates. As expected, the stock is down 5.1% since the results and currently trades at $29.20. Read our full analysis of RingCentral's results here. 8x8 (NASDAQ:EGHT) Founded in 1987, 8x8 (NYSE:EGHT) provides software for organizations to efficiently communicate and collaborate with their customers, employees, and partners. 8x8 reported revenues of $178.9 million, down 1.2% year on year. This print met analysts' expectations. Zooming out, it was a slower quarter as it recorded a slight miss of analysts' billings estimates and revenue guidance for next quarter meeting analysts' expectations. 8x8 had the weakest performance against analyst estimates and slowest revenue growth among its peers. The stock is down 9.1% since reporting and currently trades at $2.60. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
20-02-2025
- Business
- Yahoo
Five9 Announces the Retirement of Chief Financial Officer Barry Zwarenstein and Appointment of Bryan Lee to Interim Chief Financial Officer
SAN RAMON, Calif., February 20, 2025--(BUSINESS WIRE)--Five9, Inc. (Nasdaq: FIVN) ("Five9"), provider of the Intelligent CX Platform, today announced that after more than 13 years as Five9's Chief Financial Officer, Barry Zwarenstein has decided to retire, effective March 31, 2025. Bryan Lee, Five9's Executive Vice President of Finance, has been appointed as interim Chief Financial Officer effective April 1, 2025 as the Company conducts a formal search process for the CFO position. Zwarenstein will remain at Five9 to assist with the transition through June 30, 2025, and will continue as a consultant to the Company through September 30, 2025. "On behalf of the Board of Directors and executive leadership team, I want to thank Barry for his leadership and unwavering commitment to Five9," said Mike Burkland, Chairman and CEO of Five9. "He has made tremendous contributions during transformational periods in Five9's evolution, including the IPO in 2014. We are grateful for his service, and we wish him the best in his well-deserved retirement. Having worked closely with Bryan during his tenure at Five9, I am excited to have him step into the interim CFO role, and I am confident in his ability to excel, and he will be an internal candidate in the search process." "I am honored to have had the opportunity to work with the incredible team at Five9," said Zwarenstein. "I'd like to thank Mike, our Board of Directors, and the entire Five9 team for their support and trust in me. Having worked with Bryan for over a decade, I am confident in a smooth transition." Lee is an experienced finance leader. He joined the Company in 2014 and during that time has held senior level finance roles. He has a deep understanding of Five9's business and has worked closely across functions including accounting, finance, and sales. Prior to Five9, Lee held several positions in investment banking. About Five9 Five9 empowers organizations to create hyper-personalized and effortless AI-driven customer experiences that deliver better business outcomes. Powered by Five9 Genius AI and our people, the Five9 Intelligent CX Platform is trusted by 3,000+ customers and 1,400+ partners globally. The New CX starts here and it's at the heart of every winning experience. For more information, please visit Engage with us @Five9, LinkedIn, Facebook, Blog View source version on Contacts Investor Relations Contact: Five9, ZwarensteinChief Financial Officer925-201-2000 ext. 5959IR@ The Blueshirt Group for Five9, SloaneLauren@ orEmily Greensteinemily@
