Welcome to our dedicated page for Five9 news (Ticker: FIVN), a resource for investors and traders seeking the latest updates and insights on Five9 stock.
Five9, Inc. (FIVN) is a cloud contact center platform powering digital customer engagement through AI-driven solutions and omnichannel capabilities. This dedicated news hub provides investors and industry professionals with essential updates on the company’s strategic direction and operational milestones.
Access real-time announcements including quarterly earnings, product enhancements, and leadership updates, all curated to support informed decision-making. The repository consolidates official press releases and third-party analyses covering critical areas like cloud infrastructure expansions, partnership agreements, and customer success stories.
Key updates include developments in AI-powered customer service tools, enterprise security certifications, and global compliance initiatives. Regular monitoring of this page ensures stakeholders remain informed about Five9’s role in shaping the future of cloud-based customer experience management.
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Five9, a leading provider of Intelligent CX solutions, announced its sponsorship of Customer Contact Week (CCW) Las Vegas 2024. Executives Niki Hall and Steve Blood will speak on empowering women in the workplace and the impact of AI and data. The company will showcase GenAI Studio, an innovative solution for contact centers, and participate in various sessions throughout the event.
Five9, Inc. reported a 13% year-over-year growth in total revenue and a 20% year-over-year growth in subscription revenue for the first quarter of 2024. The GAAP operating cash flow was $32.4 million. The company also achieved record revenue of $247.0 million in the first quarter of 2024, with positive increases in gross margin and net income. Five9's non-GAAP net income, adjusted EBITDA, and operating cash flow showed significant improvements compared to the previous year. The company's CEO highlighted strong performance, growth in subscription revenue, and a major deal with a Fortune 50 financial services company. Five9 remains optimistic about its market position and future growth prospects.