
Five9, Inc. (NASDAQ: FIVN) reported its fourth-quarter earnings for 2024, revealing a revenue of $278.7 million, which represents a 17% increase year-over-year from $239.1 million in the same quarter of 2023. The company's adjusted earnings per share (EPS) were $0.79, surpassing analysts' expectations of $0.70, while the GAAP EPS stood at $0.13. In addition, Five9 provided guidance for the first quarter of 2025, projecting revenue between $271.5 million and $272.5 million, slightly above the estimate of $272.44 million, and an adjusted EPS forecast of $0.47 to $0.49, compared to the estimate of $0.48. For the full year 2024, Five9 anticipates annual revenue to reach a midpoint of $1.14 billion, exceeding previous forecasts by $11.5 million. Following the earnings report, Five9's stock price increased by approximately 17.8% in pre-market trading, reflecting positive market reception to the results.
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