NASDAQ$FIVN
Five9 Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported record revenue growth and raised 2020 guidance.
Five9 reported a strong second quarter with revenue increasing by 29% to a record $99.8 million. The company's eighteenth consecutive quarter of positive operating cash flow was at $14.8 million. Five9 raised its 2020 guidance for both revenue and bottom line.
- Revenue for the second quarter of 2020 increased 29% to a record $99.8 million.
- GAAP gross margin was 57.5% for the second quarter of 2020.
- Non-GAAP net income for the second quarter of 2020 was $14.1 million, or $0.21 per diluted share.
- GAAP operating cash flow for the second quarter of 2020 was $14.8 million.
Headline financials
Revenue & EPS history
Five9 · Revenue · Quarterly
$99.8M
Forward guidance
Five9 provides revenue guidance for the third quarter of 2020 in the range of $100.5 to $101.5 million.
Tailwinds
- Revenue in the range of $399.0 to $401.0 million for the full year 2020.
- Non-GAAP net income in the range of $52.7 to $54.7 million for the full year 2020.
- Revenue in the range of $100.5 to $101.5 million for the third quarter of 2020.
- Non-GAAP net income in the range of $11.6 to $12.6 million for the third quarter of 2020.
- Increased go-to-market investments are paying dividends.
Headwinds
- GAAP net loss in the range of $(56.4) to $(54.4) million for the full year 2020.
- GAAP net loss in the range of $(18.9) to $(17.9) million for the third quarter of 2020.
- Decline is primarily due to a $12.6 million increase in amortization of discount and issuance costs related to 2025 convertible senior notes.
- Decline is also due to a $5.8 million loss on early extinguishment of a portion of 2023 convertible senior notes.
- Effects of the COVID-19 pandemic have materially affected operations.
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 Q2 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
| Quarter | Report date | Reaction (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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