SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Five9 Inc. (FIVN) on Thursday reported a loss of $12.8 million in its second quarter.
On a per-share basis, the San Ramon, California-based company said it had a loss of 17 cents. Earnings, adjusted for one-time gains and costs, were 52 cents per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
The provider of cloud-based software to call centers posted revenue of $252.1 million in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $244.5 million.
For the current quarter ending in September, Five9 expects its per-share earnings to range from 57 cents to 59 cents.
The company said it expects revenue in the range of $254.5 million to $255.5 million for the fiscal third quarter.
Five9 expects full-year earnings in the range of $2.25 to $2.29 per share, with revenue ranging from $1.01 billion to $1.02 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIVN at https://www.zacks.com/ap/FIVN
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