SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — Five9 Inc. (FIVN) on Wednesday reported a loss of $12.4 million in its fourth quarter.
On a per-share basis, the San Ramon, California-based company said it had a loss of 17 cents. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were 61 cents per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.
The provider of cloud-based software to call centers posted revenue of $239.1 million in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $237.6 million.
For the year, the company reported a loss of $81.8 million, or $1.12 per share. Revenue was reported as $910.5 million.
For the current quarter ending in March, Five9 expects its per-share earnings to range from 37 cents to 39 cents.
The company said it expects revenue in the range of $239 million to $240 million for the fiscal first quarter.
Five9 expects full-year earnings in the range of $2.14 to $2.18 per share, with revenue ranging from $1.05 billion to $1.06 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