FIVE9 Q3 Outlook: Adj. EPS $0.57-$0.59 Vs. $0.55 Estimate, GAAP EPS $)0.06)-$(0.01) Vs. $(0.12) Estimate
Portfolio Pulse from Benzinga Newsdesk
Five9, Inc. has released its Q3 outlook, projecting adjusted EPS between $0.57 and $0.59, surpassing the $0.55 estimate. The GAAP EPS is expected to be between $(0.06) and $(0.01), better than the $(0.12) estimate. The company also provided a reconciliation of GAAP net loss to non-GAAP net income.
August 08, 2024 | 8:18 pm
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POSITIVE IMPACT
Five9, Inc. has provided a positive Q3 outlook with adjusted EPS expected to be between $0.57 and $0.59, surpassing the $0.55 estimate. The GAAP EPS is also better than expected, ranging from $(0.06) to $(0.01) compared to the $(0.12) estimate.
The positive adjusted EPS outlook and better-than-expected GAAP EPS indicate strong financial performance, likely boosting investor confidence and driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100