Five9 Sees Q4 EPS $0.47-$0.49 Vs $0.47 Est.; Revenue $237.1B-$238.1B Vs $243.71M Est. FY23 EPS $1.91-$1.93 Vs $1.82 Est.; Revenue $908.5M-$909.5M Vs $909.43M Est.
Portfolio Pulse from Benzinga Newsdesk
Five9 has released its Q4 and FY23 guidance, with Q4 EPS expected to be $0.47-$0.49 and revenue between $237.1B-$238.1B. For FY23, the company expects EPS to be $1.91-$1.93 and revenue to be $908.5M-$909.5M. These projections are based on current market conditions and expectations, and are subject to various important cautionary factors.
November 02, 2023 | 8:38 pm
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NEGATIVE IMPACT
Five9's Q4 and FY23 guidance is slightly below estimates. This could potentially impact the company's stock price in the short term.
Five9's projected earnings and revenue for Q4 and FY23 are slightly below estimates. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100