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Jun 30, 2021
Five9 Q2 2021 Earnings Report
Reported revenue growth of 44%.
Key Takeaways
Five9 reported a record revenue of $143.8 million for the second quarter of 2021, representing a 44% increase compared to the second quarter of 2020. The company's GAAP net loss was $(16.5) million, or $(0.25) per basic share, while non-GAAP net income was $16.0 million, or $0.23 per diluted share.
Revenue for Q2 2021 increased 44% to a record $143.8 million.
GAAP gross margin was 55.2% for Q2 2021.
Non-GAAP net income for Q2 2021 was $16.0 million, or $0.23 per diluted share.
Adjusted EBITDA for Q2 2021 was $24.0 million, or 16.7% of revenue.
Forward Guidance
Given the announcement made on July 18, 2021 regarding Five9’s entry into a definitive agreement to be acquired by Zoom Video Communications, Inc., the Company will not be providing financial guidance for the third quarter or full year 2021. The Company’s previously issued full year financial guidance should no longer be relied upon.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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