Five9, Inc. (NASDAQ:FIVN) Q1 2024 Earnings Call Transcript May 2, 2024 Five9, Inc. misses on earnings expectations. Reported EPS is $-0.0963 EPS, expectations were $0.38. Five9, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: …financial performance and cash position […]
The company stands to benefit from a notable trend in the youth market, says one pundit.
Wall Street loves nothing more than hypergrowth stocks, especially if it’s profitable. Even if a company isn’t profitable today, Wall Street will eagerly assign a premium valuation if it sees massive growth potential down the road. That explains the recent enthusiasm around AI, SaaS, and data analytics stocks. Many believe these high-flying tech companies can deliver over 25% compound annual growth for the next decade, a truly rare feat. Naturally, Wall Street has rewarded them with lofty valuat