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Stock impact report

Video Conferencing Stocks Q4 Recap: Benchmarking Five9 (NASDAQ:FIVN) [Yahoo! Finance]

Five9, Inc. (FIVN) 
Last five9, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.five9.com/investor-relations
Company Research Source: Yahoo! Finance
Today, we are looking at video conferencing stocks, starting with Five9 (NASDAQ:FIVN). Work is becoming more distributed, both across geographies and devices. In order for businesses to keep functioning efficiently, they need to be able to communicate as well as they did when the teams were co-located, which drives the demand for integrated communication platforms. The 4 video conferencing stocks we track reported a weak Q4; on average, revenues were in line with analyst consensus estimates. while next quarter's revenue guidance was 1.9% below consensus. Investors abandoned cash-burning companies to buy stocks with higher margins of safety, and while some of the video conferencing stocks have fared somewhat better than others, they have not been spared, with share prices declining 9.5% on average since the previous earnings results. Five9 (NASDAQ:FIVN) Started in 2001, Five9 (NASDAQ: FIVN) offers software as a service that makes it easier for companies to set up and efficientl Show less Read more
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