Five9 Falls Some 10% After Hours Despite Q2 Sales and Earnings Beats

FIVN fell 9.3% to $38.52 shortly before 5 p.m. ET after the company guided Q3 adjusted earnings per share to $0.57-$0.59, reportedly disappointing investors even though analysts had previously forecast $0.55.

The forward guidance took Five9 down even as the company reported $0.44 of Q2 adjusted earnings per share, beating the $0.44 that published reports said analysts had been expecting.

Q2 sales came in at $252.1 million, exceeding the $245.3 million consensus that analysts had reportedly forecast.