NASDAQ$FIVN

Five9 Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Five9 reported a strong first quarter with revenue up 28% year-over-year.

Five9 reported strong Q1 2020 results, with revenue increasing by 28% year-over-year to $95.1 million. The company delivered exceptional service during the COVID-19 pandemic, helping customers transition agents to work from home and providing flexibility to scale the platform. Five9 believes the migration to the cloud will accelerate due to the need for remote work and the importance of customer service.

  • First quarter revenue increased 28% year-over-year to $95.1 million.
  • GAAP gross margin was 57.9% compared to 58.6% in the first quarter of 2019.
  • GAAP net loss for the first quarter was $(7.4) million, or $(0.12) per basic share.
  • GAAP operating cash flow for the first quarter of 2020 was $10.4 million.

Headline financials

Total Revenue

$95.1M

Previous: $74.5M+27.6%
EPS (adj)

$0.17

Previous: $0.16+6.3%
Capital Expenditures

-$6.05M

Previous: -$3.99M-51.7%
Free Cash Flow

-$13.5M

Previous: -$5.91M-128.2%
Net Income

-$7.44M

Previous: -$1.92M-286.5%
Operating Income

-$4.96M

Previous: -$322K-1439.1%
Gross Profit

$55.1M

Previous: $43.7M+26.0%
Cash & Equivalents

$156M

Previous: $93.5M+66.7%
Total Assets

$504M

Previous: $415M+21.3%
Stock-Based Comp

$13.8M

Previous: $8.69M+58.8%

Revenue & EPS history

Five9 · Revenue · Quarterly

$95.1M

Q1 2020+27.6%vs Q1 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Forward guidance

Five9 provides revenue, GAAP net loss, and non-GAAP net income guidance for the full year 2020 and the second quarter of 2020, emphasizing that the guidance is subject to risks and uncertainties associated with the COVID-19 pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+3.9%

Avg return

Earnings day

+3.8%

Avg return

5 days after

+5.1%

Avg return

30 days after

58%

28 / 48 earnings

Positive

+29.4%

Q2 2018

Best reaction

-24.4%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+29.2%+27.3%+41.6%
Q4 2025+12.6%+3.9%-9.6%
Q3 2025-7.9%-2.6%-4.1%
Q1 2025-1.3%+0.4%+5.7%
Q4 2024+1.0%-9.0%-27.7%
Q3 2024+17.0%+24.7%+34.9%
Q2 2024-24.4%-22.9%-30.7%
Q1 2024-0.6%-3.1%-19.7%
Q4 2023-13.6%-11.0%-14.6%
Q3 2023+13.7%+16.6%+42.9%
Q2 2023-13.2%-12.4%-10.0%
Q1 2023-1.8%-3.1%+24.2%
Q4 2022-6.4%-13.5%-20.2%
Q3 2022+8.9%+27.8%+29.9%
Q2 2022+13.4%+17.8%+5.2%
Q1 2022+9.1%+13.4%+1.1%
Q4 2021-6.3%-3.8%-7.0%
Q3 2021+12.4%+8.6%-4.0%
Q2 2021-0.7%+1.5%-7.9%
Q1 2021+4.7%-4.0%-1.3%
Q4 2020-6.5%-2.7%-16.8%
Q3 2020+5.8%+4.0%+5.4%
Q2 2020+7.0%+2.0%+5.2%
Q1 2020+4.6%+13.8%+9.8%
Q4 2019-2.4%-6.0%-18.7%
Q3 2019+8.8%+9.4%+20.4%
Q2 2019+16.6%+12.4%+28.0%
Q1 2019-7.3%-3.9%-3.2%
Q4 2018-5.1%-2.3%+4.1%
Q3 2018+15.5%+12.2%+9.1%
Q2 2018+29.4%+26.5%+40.4%
Q1 2018+10.5%+7.6%+18.8%
Q4 2017+13.3%+11.4%+13.1%
Q3 2017+1.1%-0.7%-8.1%
Q2 2017-1.3%-2.0%-1.2%
Q1 2017+10.2%+8.1%+28.1%
Q4 2016-1.3%-1.9%+7.3%
Q3 2016-2.9%-4.3%+4.8%
Q2 2016+1.2%+7.5%+25.5%
Q1 2016+3.5%
Q4 2015+3.7%
Q3 2015+25.3%
Q2 2015+4.7%
Q1 2015-0.7%
Q4 2014+0.3%
Q3 2014+19.5%
Q2 2014-9.0%
Q1 2014-1.0%
Q2 2013
Q4 2012
Q3 2012

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