• Five9, Inc FIVN appointed Mike Burkland, longtime chairman and former CEO, as its CEO, valid from 28.11.
  • According to Five9, Rowan Trollope has stepped down as both CEO and board member and has assumed a different role as CEO of a pre-IPO privately held company outside of the CCaaS space.
  • “I am thrilled to resume the role of CEO and once again lead the amazing team at Five9 on our exciting journey that lies ahead,” said Burkland. “When I was diagnosed with cancer in 2017, I resigned from my CEO post to focus on my health while staying very close to the business as Chairman. Now, after successful treatments, I am pleased to report that my doctors have given me a positive long-term prognosis.”
  • Five9 currently expects Q3 2022 revenue of $198 million compared to its original guidance of $192.5 to $193.5 million.
  • Five9 currently expects non-GAAP EPS of $0.38 compared to its original guidance of $0.31 to $0.33.
  • Five9 will report financial results for the third quarter of 2022 on November 7th.
  • Price promotion: FIVN shares are trading down 3.18% at $74.52 during the premarket session on the last review Monday.

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