Five9 (NASDAQ:FIVN) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Five9 beat estimated earnings by 69.23%, reporting an EPS of $0.22 versus an estimate of $0.13.
Revenue was up $44.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 2.83% increase in the share price the next day.
Here's a look at Five9's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.23 | 0.14 | 0.13 |
| EPS Actual | 0.42 | 0.28 | 0.23 | 0.23 |
| Revenue Estimate | 165.38M | 146.53M | 132.40M | 122.63M |
| Revenue Actual | 173.60M | 154.33M | 143.78M | 137.88M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Five9 management provided guidance for FY 2022, expecting earnings between $1.22 and $1.24 per share.
To track all earnings releases for Five9 visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
