Updated
Updated · MarketWatch · May 1
Five9 shares soar on strong first-quarter results
Updated
Updated · MarketWatch · May 1

Five9 shares soar on strong first-quarter results

3 articles · Updated · MarketWatch · May 1

Summary

  • The stock jumped 25% to $21.43 after the cloud customer-experience company reported $18.4m profit, or 21 cents a share, versus $576,000 a year earlier.
  • Adjusted earnings of 76 cents beat FactSet forecasts of 68 cents, while revenue rose 9% to $305.3m, ahead of expectations, as subscription revenue reached 82% of total sales.
  • Five9 forecast full-year revenue of $1.25bn-$1.27bn and adjusted earnings of $3.22-$3.30, broadly matching Wall Street estimates; earlier on Friday, its shares had been up about 16%.

Insights

Will the rise of agentic AI ultimately expand the SaaS market, or will it accelerate the decline of companies unable to adapt quickly enough?
How will the shift to outcome-based pricing and agent-accessible infrastructure reshape the relationship between SaaS providers and enterprise customers?