Five9 Q4 2023 Earnings Report
Key Takeaways
Five9 reported a 15% increase in revenue for Q4 2023, reaching a record $239.1 million. The company's GAAP net loss was $(12.4) million, or $(0.17) per basic share, while non-GAAP net income was $45.1 million, or $0.61 per diluted share. GAAP operating cash flow reached a record $36.5 million, and adjusted EBITDA margin was 20%.
Q4 revenue increased by 15% year-over-year to a record $239.1 million.
GAAP net loss was $(12.4) million, or $(0.17) per basic share.
Non-GAAP net income was $45.1 million, or $0.61 per diluted share.
GAAP operating cash flow reached a record $36.5 million.
Five9
Five9
Forward Guidance
Five9 provided financial guidance for the full year 2024, expecting revenue in the range of $1.053 to $1.057 billion and non-GAAP net income per share in the range of $2.14 to $2.18. For the first quarter of 2024, the company expects revenue in the range of $239.0 to $240.0 million and non-GAAP net income per share in the range of $0.37 to $0.39.