Five9 Stock Falls 15% after Outlook Disappoints

Dow Jones2022-02-24

Five9 Inc. shares dropped in the extended session Wednesday after the cloud contact-center software company's outlook fell short of Wall Street expectations.

Five9 (FIVN) shares fell more than 15% after hours, following an 8.9% drop in the regular session to close at $104.14, their lowest close since June 24, 2020.

The company forecast earnings of 12 cents to 14 cents a share on revenue of $170 million to $171 million for the first quarter, and $1.12 to $1.16 a share on revenue of $754.5 million to $757.5 million for the year.

Analysts surveyed by FactSet had estimated earnings of 22 cents a share on revenue of $170.5 million for the first quarter, and $1.14 a share on revenue of $748.4 million for the year.

The company reported a fourth-quarter loss of $3.6 million, or 5 cents a share, compared with a loss of $7.2 million, or 11 cents a share, in the year-ago period.

Adjusted earnings, which exclude stock-based compensation expenses and other items, were 42 cents a share, compared with 34 cents a share in the year-ago period. Revenue rose to $173.6 million to $127.9 million in the year-ago quarter.

Analysts had forecast earnings of 36 cents a share on revenue of $165.4 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

BabySim
2022-02-24
BabySim
Ok
KeeBoonTong
2022-02-24
KeeBoonTong
Lalalal
claratan
2022-02-24
claratan
Wow
InvisibleP
2022-02-24
InvisibleP
Wow, drop so much
MHh
2022-02-24
MHh
Too easy for share price to free fall now, as with many others
JIAMING
2022-02-24
JIAMING
Ok

Leave a comment

7

201

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2213918702?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-02-24 06:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2213918702","market":"us","top_or_hot":-1,"title":"Five9 Stock Falls 15% after Outlook Disappoints","media":"Dow Jones","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/FIVN\">Five9 Inc</a>. shares dropped in the extended session Wednesday after the cloud contact-center software company&#39;s outlook fell short of Wall Street expectations.</p><p>Five9  (FIVN) shares fell more than 15% after hours, following an 8.9% drop in the regular session to close at $104.14, their lowest close since June 24, 2020.</p><p><img src=\"https://static.tigerbbs.com/d5292e54dbd298176c3a183db9f3573b\" tg-width=\"1113\" tg-height=\"763\" referrerpolicy=\"no-referrer\"/></p><p>The company forecast earnings of 12 cents to 14 cents a share on revenue of $170 million to $171 million for the first quarter, and $1.12 to $1.16 a share on revenue of $754.5 million to $757.5 million for the year.</p><p>Analysts surveyed by FactSet had estimated earnings of 22 cents a share on revenue of $170.5 million for the first quarter, and $1.14 a share on revenue of $748.4 million for the year.</p><p>The company reported a fourth-quarter loss of $3.6 million, or 5 cents a share, compared with a loss of $7.2 million, or 11 cents a share, in the year-ago period.</p><p>Adjusted earnings, which exclude stock-based compensation expenses and other items, were 42 cents a share, compared with 34 cents a share in the year-ago period. Revenue rose to $173.6 million to $127.9 million in the year-ago quarter.</p><p>Analysts had forecast earnings of 36 cents a share on revenue of $165.4 million.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Five9 Stock Falls 15% after Outlook Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFive9 Stock Falls 15% after Outlook Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n2022-02-24 06:16 北京时间&nbsp;&nbsp;&nbsp;<strong>Dow Jones</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Five9 Inc. shares dropped in the extended session Wednesday after the cloud contact-center software company's outlook fell short of Wall Street expectations.Five9  (FIVN) shares fell more than 15% ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"","article_id":"2213918702","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2213918702","pubTimestamp":1645654560,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Five9 Inc. shares dropped in the extended session Wednesday after the cloud contact-center software ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","FIVN":"Five9 Inc"},"translate_title":"前景令人失望，5只股票下跌15%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FIVN":1},"content_text":"Five9 Inc. shares dropped in the extended session Wednesday after the cloud contact-center software company's outlook fell short of Wall Street expectations.Five9  (FIVN) shares fell more than 15% after hours, following an 8.9% drop in the regular session to close at $104.14, their lowest close since June 24, 2020.The company forecast earnings of 12 cents to 14 cents a share on revenue of $170 million to $171 million for the first quarter, and $1.12 to $1.16 a share on revenue of $754.5 million to $757.5 million for the year.Analysts surveyed by FactSet had estimated earnings of 22 cents a share on revenue of $170.5 million for the first quarter, and $1.14 a share on revenue of $748.4 million for the year.The company reported a fourth-quarter loss of $3.6 million, or 5 cents a share, compared with a loss of $7.2 million, or 11 cents a share, in the year-ago period.Adjusted earnings, which exclude stock-based compensation expenses and other items, were 42 cents a share, compared with 34 cents a share in the year-ago period. Revenue rose to $173.6 million to $127.9 million in the year-ago quarter.Analysts had forecast earnings of 36 cents a share on revenue of $165.4 million.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9030852954,"gmtCreate":1645691087786,"gmtModify":1676534054015,"author":{"id":"3579673211261157","authorId":"3579673211261157","name":"BabySim","avatar":"https://static.tigerbbs.com/5c6f0cd54fab9f24929e66e54e08e3aa","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030852954","repostId":2213918702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030883979,"gmtCreate":1645681057263,"gmtModify":1676534053140,"author":{"id":"3578717603960999","authorId":"3578717603960999","name":"KeeBoonTong","avatar":"https://static.tigerbbs.com/815864515bc02d554ba00b04f5f46a1a","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Lalalal","listText":"Lalalal","text":"Lalalal","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030883979","repostId":2213918702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030184088,"gmtCreate":1645662705473,"gmtModify":1676534050370,"author":{"id":"3573731928321338","authorId":"3573731928321338","name":"claratan","avatar":"https://static.tigerbbs.com/9c6bbdac9048ff2e4b740f272576e2be","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030184088","repostId":2213918702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030185678,"gmtCreate":1645662660917,"gmtModify":1676534050378,"author":{"id":"3585470994468822","authorId":"3585470994468822","name":"InvisibleP","avatar":"https://static.itradeup.com/news/13510d2c4ac014319931fb49792d17eb","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Wow, drop so much","listText":"Wow, drop so much","text":"Wow, drop so much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030185678","repostId":2213918702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030136812,"gmtCreate":1645660536289,"gmtModify":1676534049766,"author":{"id":"4091758936365950","authorId":"4091758936365950","name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"Too easy for share price to free fall now, as with many others","listText":"Too easy for share price to free fall now, as with many others","text":"Too easy for share price to free fall now, as with many others","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030136812","repostId":2213918702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030139987,"gmtCreate":1645660246696,"gmtModify":1676534049678,"author":{"id":"3582764727889718","authorId":"3582764727889718","name":"JIAMING","avatar":"https://community-static.tradeup.com/news/1be54f717f31f3b6019b49dc53f9ef06","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030139987","repostId":2213918702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":201,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2213918702"}