05:15 PM EDT, 08/08/2024 (MT Newswires) -- Five9 ( FIVN ) reported Q2 non-GAAP net income late Thursday of $0.52 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected $0.44.

Revenue in the quarter ended June 30 rose to $252.1 million from $222.9 million a year earlier.

Analysts surveyed by Capital IQ expected $245.1 million.

In Q3, the company expects adjusted EPS of $0.57 to $0.59 on revenue of $254.5 million to $255.5 million.

The consensus is for EPS of $0.55 on revenue of $267.2 million.

Five9 ( FIVN ) expects 2024 adjusted EPS of $2.25 to $2.29 on revenue of $1.01 billion to $1.02 billion. In May, the company projected adjusted EPS of $2.15 to $2.19 on revenue of $1.05 billion to $1.06 billion.

Analysts expect EPS of $2.19 on revenue of $1.06 billion.

The company's shares slumped 11% in after-hours activity.

Price: 37.85, Change: -4.62, Percent Change: -10.88