Five9, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
February 21, 2024 at 04:05 pm EST
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Five9, Inc. provided earnings guidance for the first quarter and full year of 2024. For the full year 2024, the company expects to report: Revenue in the range of $1.053 to $1.057 billion. GAAP net loss of $45,238,000 to $39,202,000. GAAP net loss per share, basic and diluted in the range of $0.61 to $0.53.
For the first quarter of 2024, the company expects Revenue in the range of $239.0 to $240.0 million. GAAP net loss of $25,349,000 to $20,855,000. GAAP net loss per share, basic and diluted in the range of $0.34 to $0.28.
Five9, Inc. (Five9) is a provider of cloud software for contact centers. The Company's purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales, and marketing functions. Five9âs solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, e-mail, Web, social media and mobile channels, either directly or through its application programming interfaces (APIs). Five9âs VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integration with enterprise applications, such as customer relationship management software, to optimize the customer experience and agent productivity. It provides its solution through a software as a service (SaaS) business model with recurring subscriptions.
FIVE9, INC. 
