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Five9

All articles tagged with #five9

AI-Driven Rally Pushes Atlassian, Twilio, and Five9 Higher After Earnings
business1 month ago

AI-Driven Rally Pushes Atlassian, Twilio, and Five9 Higher After Earnings

Atlassian, Twilio, and Five9 beat earnings and attributed revenue growth to AI adoption, sending their shares higher in premarket trading (Atlassian up ~25%, Twilio up ~20%, Five9 up ~16%). Atlassian’s revenue rose 32% year over year, Twilio’s by 20%, and Five9’s by 9%. Analysts say AI-driven demand is denting the “SaaSpocalypse” narrative but the sector remains bifurcated, with investors eyeing upcoming results from Salesforce and other peers.

Five9 Explores Sale Options Amidst Takeover Interest and Stock Price Decline
business2 years ago

Five9 Explores Sale Options Amidst Takeover Interest and Stock Price Decline

Cloud-based software provider Five9 is reportedly considering options for a sale, more than two years after a failed buyout by Zoom Video Communications. Five9's shares rose over 7% following the news, giving it a market capitalization of $6.2 billion. The company is working with advisers to gauge interest from potential buyers and has already held discussions with Zoom about possibly resurrecting a deal. However, there is no certainty that the deliberations will result in a sale.