Five9: Q1 Earnings Insights

Five9 FIVN reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Five9 beat estimated earnings by 69.23%, reporting an EPS of $0.22 versus an estimate of $0.13.

Revenue was up $44.90 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 2.83% increase in the share price the next day.

Here's a look at Five9's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.36	0.23	0.14	0.13
EPS Actual	0.42	0.28	0.23	0.23
Revenue Estimate	165.38M	146.53M	132.40M	122.63M
Revenue Actual	173.60M	154.33M	143.78M	137.88M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Five9 management provided guidance for FY 2022, expecting earnings between $1.22 and $1.24 per share.

To track all earnings releases for Five9 visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.