Five9 Continues To Expect FY24 Revenue Of $1.053B-$1.057B (Est $1.055B), Raises Adj EPS Outlook From $2.14-$2.18 To $2.15-$2.19 (Est $2.16)
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Five9 has reaffirmed its FY24 revenue forecast to be between $1.053B and $1.057B, aligning with the estimated $1.055B. Additionally, the company has increased its adjusted EPS guidance from $2.14-$2.18 to $2.15-$2.19, slightly above the estimated $2.16.
May 02, 2024 | 8:53 pm
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Five9 has updated its FY24 financial outlook, maintaining its revenue forecast and slightly raising its adjusted EPS guidance.
By reaffirming its revenue forecast and increasing its adjusted EPS outlook, Five9 signals confidence in its financial health and operational efficiency. This update is likely to be viewed positively by investors, potentially leading to a short-term uptick in stock price as it exceeds the average EPS estimate.
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