Five9 (NASDAQ:FIVN) posted its quarterly earnings data on Wednesday. The software maker reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03, Bloomberg Earnings reports. Five9 had a negative return on equity of 27.57% and a negative net margin of 4.48%. The business had revenue of $55.40 million for the quarter, compared to analyst estimates of $52.31 million. The business’s quarterly revenue was up 25.3% compared to the same quarter last year. Five9 updated its Q1 guidance to $0.02-$0.04 EPS and its FY18 guidance to $0.20-$0.25 EPS.
Five9 (NASDAQ FIVN) opened at $30.41 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 2.17 and a current ratio of 2.17. Five9 has a 12 month low of $15.77 and a 12 month high of $32.00.
In related news, Director Jack L. Acosta sold 150,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $26.96, for a total transaction of $4,044,000.00. Following the completion of the transaction, the director now owns 22,155 shares in the company, valued at $597,298.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Scott Welch sold 11,892 shares of the business’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $23.58, for a total transaction of $280,413.36. Following the transaction, the executive vice president now owns 112,484 shares of the company’s stock, valued at approximately $2,652,372.72. The disclosure for this sale can be found here. In the last quarter, insiders have sold 335,889 shares of company stock valued at $8,650,000. Insiders own 9.10% of the company’s stock.
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Five9 Company Profile
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. The Company’s 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).
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