FIVN hopping up 10% today. What's going on:

Shares of Five9 Inc (FIVN) are trading 10% higher at a price of $107.94 at the time of this writing.

The company gave a strong Q2 earnings report. Revenue increased 31.3% this year to $189.4 million, which was higher than estimates by about $9.3 million. 

Earnings per share also surpassed estimates by $0.16. Most notably an increase in enterprise sales helped boost the business with subscription revenue increasing more than 40%.

Five9 Inc has been trading between a 52-week high of $211.68 and a 52-week low of $80.52. The stock has a market cap of $7.51 Billion.

Five9 is an industry-leading provider of cloud contact center solutions, bringing the power of cloud innovation to more than 2,000 customers worldwide and facilitating billions of customer engagements annually. The Five9 Intelligent Cloud Contact Center provides digital engagement, analytics, workflow automation, workforce optimization, and practical AI to help customers reimagine their customer experience. Designed to be reliable, secure, compliant, and scalable, the Five9 platform helps increase agent and supervisor productivity, connects the contact center to the business, and ultimately deliver tangible business results including increased revenue and enhanced customer trust and loyalty.