Five9 - FIVN STOCK NEWS

Five9, Inc. (NASDAQ:FIVN), a leader in cloud contact center solutions, will present at the Needham Growth Conference on January 12th at 4:30 PM ET. The event can be accessed via a webcast on the company’s investor relations website. Five9 supports over 2,500 customers globally, focusing on enhancing customer experiences through digital engagement and AI-driven solutions. The Five9 platform aims to improve productivity, agility, and revenue while ensuring reliability and compliance.

Five9, Inc. (NASDAQ: FIVN) has announced major updates to its intelligent cloud contact center platform, enhancing customer experience through seamless multi-channel engagement. New features include real-time language translation, rich media support, and improved developer tools for Five9 IVA Studio. These innovations aim to provide businesses with effective tools to manage AI applications and optimize contact center interactions. The integration of analytics and collaborative intelligence allows organizations to improve service delivery and better meet customer expectations.

Rowan Trollope has been appointed as the new CEO of Redis, effective February 1, 2023, succeeding co-founder Ofer Bengal, who will transition to Chairman of the Board. Trollope brings over four years of experience as CEO at Five9 (NASDAQ:FIVN) and a strong background in software and cloud innovation. Bengal expressed confidence in Trollope's vision for growth and disruption in the database industry, highlighting Redis's success in developer engagement and recognition as a leading NoSQL database. The leadership change aims to strengthen Redis's market position.

Five9 announced its annual CX Summit Canada on December 1, 2022, aimed at guiding Canadian businesses in migrating contact centers to the cloud. The event will feature discussions on the challenges of adopting cloud solutions, including system integration and security. A panel of industry leaders, including representatives from Teladoc Health, will share insights on future contact center trends. The summit emphasizes the importance of cloud migration for improving customer experience and operational efficiency, crucial for retaining customer loyalty in today's digital landscape.

Five9, a leading provider of intelligent cloud contact center software, will present at multiple investor conferences. Key dates include: Wells Fargo TMT Summit on November 29 at 9:20 AM PT, UBS Global TMT Conference on December 6 at 11:40 AM ET, and Barclays Global TMT Conference on December 7 at 3:40 PM PT. Webcasts will be available on their investor relations website. The Five9 Intelligent Cloud Contact Center enhances customer experiences through digital engagement, analytics, and AI, supporting over 2,500 global customers.

Five9, Inc. (NASDAQ:FIVN) reported strong Q3 2022 results with a 29% revenue growth year-over-year, reaching $198.3 million. The Enterprise business saw a 37% increase in LTM subscription revenue. However, GAAP net loss widened to $(23.2) million, up from $(20.5) million in Q3 2021. Adjusted EBITDA rose to $36.7 million (18.5% margin), while GAAP operating cash flow improved significantly to $30.5 million. CEO transition planned as Mike Burkland hands over to Rowan Trollope, stressing ongoing growth opportunities in cloud solutions.

Five9, Inc. (Nasdaq: FIVN) will discuss its third quarter 2022 financial results in a conference call on November 7, 2022, at 4:30 p.m. ET. Participants can register for the call via Zoom. The Five9 platform serves over 2,500 customers worldwide, offering cloud contact center solutions designed for enhanced productivity, revenue growth, and customer trust. The company focuses on digital engagement, analytics, and AI-driven customer experiences, emphasizing security and scalability.

Mike Burkland will return as the CEO of Five9 after the resignation of Rowan Trollope, effective November 28, 2022. Burkland, who previously served as CEO and Chairman, expressed enthusiasm about leading the team again after overcoming health challenges. Five9 anticipates Q3 2022 revenue of approximately $198 million, exceeding earlier guidance of $192.5 to $193.5 million, with expected non-GAAP earnings per share of about $0.38. The finalized financial results will be reported on November 7, 2022.