Analysts forecast that Five9 Inc (NASDAQ:FIVN) will report $0.03 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Five9’s earnings. The lowest EPS estimate is $0.02 and the highest is $0.03. The firm is expected to report its next quarterly earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that Five9 will report full-year earnings of $0.23 per share for the current year, with EPS estimates ranging from $0.21 to $0.24. For the next fiscal year, analysts anticipate that the business will report earnings of $0.40 per share, with EPS estimates ranging from $0.34 to $0.52. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Five9.
Five9 (NASDAQ:FIVN) last released its quarterly earnings results on Wednesday, February 21st. The software maker reported $0.07 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.03. Five9 had a negative return on equity of 24.94% and a negative net margin of 4.48%. The company 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% on a year-over-year basis.
Shares of Five9 (NASDAQ:FIVN) opened at $31.45 on Tuesday. Five9 has a 1 year low of $15.91 and a 1 year high of $32.47. The stock has a market capitalization of $1,750.00, a P/E ratio of -185.00 and a beta of 0.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.35 and a quick ratio of 2.35.
In other Five9 news, Director Michael Burkland sold 227,341 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $30.89, for a total value of $7,022,563.49. Following the completion of the transaction, the director now directly owns 265,310 shares in the company, valued at $8,195,425.90. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Daniel P. Burkland sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $24.36, for a total value of $243,600.00. Following the completion of the transaction, the president now owns 168,291 shares of the company’s stock, valued at $4,099,568.76. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 659,108 shares of company stock valued at $18,891,563. Corporate insiders own 9.10% of the company’s stock.
A number of hedge funds have recently bought and sold shares of FIVN. Tremblant Capital Group bought a new position in Five9 in the third quarter valued at approximately $19,544,000. Shell Asset Management Co. bought a new position in Five9 in the fourth quarter valued at approximately $9,496,000. Wells Fargo & Company MN grew its stake in Five9 by 31.4% in the third quarter. Wells Fargo & Company MN now owns 1,531,252 shares of the software maker’s stock valued at $36,598,000 after purchasing an additional 366,166 shares in the last quarter. State Street Corp grew its stake in Five9 by 49.3% in the second quarter. State Street Corp now owns 887,639 shares of the software maker’s stock valued at $19,103,000 after purchasing an additional 293,067 shares in the last quarter. Finally, Hood River Capital Management LLC grew its stake in Five9 by 51.1% in the third quarter. Hood River Capital Management LLC now owns 633,243 shares of the software maker’s stock valued at $15,135,000 after purchasing an additional 214,047 shares in the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.
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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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