Five9 Q3 Earnings Report: Revenue Meets Expectations, Raises Full-Year Guidance

Five9 (NASDAQ:FIVN) reported Q3 revenue of $285.8 million, up 8.2% YoY, meeting expectations. Non-GAAP profit was $0.78 per share, beating estimates by 6.5%. Revenue guidance for Q4 is $297.7 million, below analyst estimates. Management raised full-year adjusted EPS guidance to $2.94, a 2.1% increase. Operating margin improved to 5.6% from -5.8% YoY, while free cash flow margin rose to 13.4% from 7.6% in the previous quarter. Billings were $293.8 million, up 5.4% YoY.