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No. of Recommendations: 2
Five9 reported yesterday, stock up 13% today.

'The cloud software company beat adjusted third-quarter expectations and upped its guidance for the year. Five9 said it lost $1.6 million, or 3 cents a share, in the quarter, compared with a loss of $1.3 million, or 2 cents a share, for the third quarter of 2018. Adjusted for one-time items, the company earned $12.8 million, or 20 cents a share, compared with $11.1 million, or 18 cents a share, a year ago...

Revenue continuing to accelerate. Hard to imagine pairing cloud-based CCaaS with AI won't continue to steal share in call centers.'


I forgot to update you all on FIVN last month, apologies:
Five9 (NASDAQ:FIVN) -0.7% reports Q4 beats with a Q1 outlook that has upside revenue of $89-90M (consensus: $86.33M) and EPS of $0.15-0.16 (consensus: $0.15).
For FY20, Five9 sees $380.5-383.5M in revenue (consensus: $366.94M) and EPS of $0.83-0.87 (consensus: $0.85).
Q4 Adjusted EBITDA totaled $19.6M, up from $16.4M in last year's quarter.
Adjusted gross margin was 64.4%, down from 65.1%.

You would think call centers closing due to the virus would be good for them.

With sales growth of 28% last Q, positive earnings, and GAAP gross margin of 59%, I don't know why this cloud name has never been popular around here.

Stock is UP 13% ytd.
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