Five9 Q2 Adj EPS $0.52 Beats $0.39 Estimate, Sales $222.88M Beat $214.11M Estimate
Portfolio Pulse from totan@benzinga.com
Five9 reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.39 by 33.33%. This is a 52.94% increase from the same period last year. The company also reported quarterly sales of $222.88 million, beating the analyst consensus estimate of $214.11 million by 4.10%. This is a 17.69% increase from the same period last year.
August 07, 2023 | 8:12 pm
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POSITIVE IMPACT
Five9's Q2 earnings and sales beat estimates, indicating strong performance. This could positively impact the company's stock in the short term.
Five9's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The significant YoY growth in both earnings and sales further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100