genai / news / / SiliconANGLE News
Atlassian Corp., Twilio Inc. and Five9 Inc. all jumped in late trading today after the three software companies posted better-than-expected quarterly results.
Atlassian's Service Collection product line surpassed $1 billion in annualized recurring revenue, growing over 30% year-over-year.
KEY POINTS
- Twilio's operating income rose 366% year-over-year to $107.7 million, driven by increased customer spending.
- Five9 has seen two consecutive quarters of accelerating subscription revenue growth, primarily due to enterprise AI adoption.
- All three companies raised their full-year guidance, attributing customer growth to AI-powered product adoption.
COMPANIES
Summarized by Newsio from SiliconANGLE News. How we summarize →