Five9 Says Mike Burkland Returns As CEO After Rowan Trollope Resigns

RTTNews | 1053 일 전
Five9 Says Mike Burkland Returns As CEO After Rowan Trollope Resigns

(RTTNews) - Five9, Inc. (FIVN), a provider of the intelligent cloud contact center software, announced Monday that Chief Executive Officer Rowan Trollope has resigned as CEO and from the Board of Directors and accepted another role as CEO of a privately held pre-IPO company outside of the CCaaS space.

Mike Burkland, long-time Chairman and former CEO of Five9, has been again appointed to the CEO position. This transition will be effective on November 28, 2022.

Burkland returns as CEO following successful treatments after he had earlier resigned as CEO on being diagnosed with cancer in 2017. He had earlier joined Five9 as CEO in 2008.

Burkland had led the company through its IPO in 2014 and scaled Five9 into one of the fastest growing public companies in the CCaaS space.

For the third quarter, Five9 said it currently expects revenue to be approximately $198 million, compared to its original guidance of revenue in the range of $192.5 to $193.5 million.

Five9 also currently expects adjusted income per share to be approximately $0.38, compared to its original guidance of non-GAAP net income per share in the range of $0.31 to $0.33.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.32 per share on revenue of $193.14 million for the quarter. Analysts' estimates typically exclude special items.

read more
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | 2 시간 47 분 전
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 3 시간 7 분 전
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 6 시간 7 분 전
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 6 시간 17 분 전
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 6 시간 40 분 전
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 6 시간 46 분 전