Five9 reported earnings that beat analysts’ estimates.
The cloud company’s quarterly earnings were $0.27 per share, compared to analyst expectations of $0.18 a share.
Revenue surged +34% year-over-year to a record of $112.1 million.
CEO Rowan Trollope told about its acquisition of Inference in a press release, “We believe adding Inference to the Five9 portfolio accelerates our leadership position in AI while also providing customers with a market-leading IVA at a time when customers need efficient real-time assistance,” while adding “Customer engagement is now more paramount than ever. Inference is a proven leader with a best in class IVA solution. We are excited to build upon our successful partnership with this acquisition.”