NASDAQ$FIVN

Five9 Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported a revenue growth of 28% reaching a record of $92.3 million.

Five9 reported strong Q4 results with revenue reaching a record $92.3 million, a 28% increase year-over-year. The company's success in the Enterprise business drove this growth. They significantly strengthened the leadership team and expanded their product and platform.

  • Q4 revenue increased 28% year-over-year to $92.3 million.
  • GAAP net income for Q4 was $0.8 million, or $0.01 per diluted share.
  • Non-GAAP net income for Q4 was $17.0 million, or $0.27 per diluted share.
  • Adjusted EBITDA for Q4 was $19.6 million, or 21.2% of revenue.

Headline financials

Total Revenue

$92.3M

Previous: $72.3M+27.5%
EPS (adj)

$0.27

Previous: $0.23+17.4%
Capital Expenditures

$6.45M

Previous: $4.76M+35.6%
Free Cash Flow

$9.11M

Previous: $10.7M-14.9%
Net Income

$836K

Previous: $3.73M-77.6%
Operating Income

$3.03M

Previous: $5.99M-49.3%
Gross Profit

$54.3M

Previous: $44M+23.5%
Cash & Equivalents

$78M

Previous: $81.9M-4.8%
Total Assets

$482M

Previous: $395M+22.2%
Stock-Based Comp

$11.9M

Previous: $7.49M+58.4%

Revenue & EPS history

Five9 · Revenue · Quarterly

$92.3M

Q4 2019+27.5%vs Q4 2018
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Forward guidance

For the full year 2020, Five9 expects revenue in the range of $380.5 to $383.5 million. For the first quarter of 2020, Five9 expects revenue in the range of $89.0 to $90.0 million.

Tailwinds

  • Revenue in the range of $380.5 to $383.5 million for the full year 2020.
  • GAAP net loss in the range of $(30.9) to $(27.9) million for the full year 2020.
  • Non-GAAP net income in the range of $55.5 to $58.5 million for the full year 2020.
  • Revenue in the range of $89.0 to $90.0 million for the first quarter of 2020.
  • GAAP net loss in the range of $(9.9) to $(8.9) million for the first quarter of 2020.

Headwinds

  • GAAP net loss in the range of $(30.9) to $(27.9) million for the full year 2020.
  • GAAP net loss in the range of $(9.9) to $(8.9) million for the first quarter of 2020.
  • GAAP net loss per share, basic and diluted $(0.16) - $(0.14) for Q1 2020
  • GAAP net loss per share, basic and diluted $(0.48) - $(0.43) for FY 2020
  • Non-GAAP adjustments do not have an impact on our income tax provision due to past losses and valuation allowance.

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 Q4 2019

Historical avgQ4 2019

+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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