Five9 updates FY 2024 guidance, reports surprise Q3 earnings beat despite insider sales.

Five9, a cloud software provider for contact centers, updated its FY 2024 earnings guidance with EPS at 2.360-2.380 and revenue of $1.0 billion. Analysts gave the stock a "Moderate Buy" rating with a target price of $59.89. Despite some downgrades, Five9 reported a surprise earnings beat in Q3, with EPS of -$0.06 higher than expected. Insiders sold 36,493 shares over the last 90 days, while institutional investors have also invested in the company.

November 09, 2024
5 Articles

Further Reading