Five9 (NASDAQ:FIVN) released its quarterly earnings results on Sunday. The software maker reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.11, MarketWatch Earnings reports. Five9 had a negative net margin of 8.54% and a positive return on equity of 0.40%. The business had revenue of $127.89 million for the quarter, compared to analysts’ expectations of $115.27 million. During the same period in the prior year, the firm earned $0.27 earnings per share. Five9’s revenue was up 38.6% compared to the same quarter last year.
Five9 stock traded up $11.31 during mid-day trading on Tuesday, reaching $178.09. The company’s stock had a trading volume of 3,211,844 shares, compared to its average volume of 760,693. The company has a market capitalization of $11.75 billion, a price-to-earnings ratio of -338.50 and a beta of 0.53. Five9 has a 12 month low of $52.51 and a 12 month high of $194.04. The business’s 50 day simple moving average is $174.48 and its 200 day simple moving average is $149.94. The company has a debt-to-equity ratio of 2.46, a quick ratio of 9.32 and a current ratio of 9.32.
In related news, President Daniel P. Burkland sold 1,149 shares of the firm’s stock in a transaction on Thursday, December 3rd. The shares were sold at an average price of $156.81, for a total value of $180,174.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Barry Zwarenstein sold 12,500 shares of the firm’s stock in a transaction on Tuesday, February 16th. The shares were sold at an average price of $181.91, for a total transaction of $2,273,875.00. Following the completion of the transaction, the chief financial officer now directly owns 89,298 shares of the company’s stock, valued at approximately $16,244,199.18. The disclosure for this sale can be found here. In the last ninety days, insiders sold 86,208 shares of company stock valued at $13,999,208. 3.00% of the stock is owned by insiders.
Five9 Company Profile
Five9, Inc, together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. The company offers virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions; and acts as a hub for digital engagement channels between the clients and their customers, which enables them to manage the end-to-end customer experience in a single unified architecture.
Further Reading: What is Blockchain?
Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.com's FREE daily email newsletter.