secwatch.observer — SEC 8-K summary
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Issuer:     LIVEPERSON INC (LPSN)
CIK:        0001102993
Form:       8-K/A
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001102993-23-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LivePerson corrects FY2023 guidance: revenue $422-436M, Adj EBITDA $15-32M
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- Corrected FY2023 guidance: revenue $422M-$436M (-18% to -15% YoY); Adjusted EBITDA $15M-$32M (4%-7% margin).
- Q4 2022 revenue $122.5M (-1% YoY); net loss $41.7M ($0.55 per share); adj. operating loss $16.1M.
- Cost reductions of over $80M annualized from Q1 to Q4 2022; enterprise deals up 21.7% YoY.
- WildHealth Medicare reimbursement suspension led to Q4 revenue reserve; Q4 revenue would have been within guidance without reserve.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000016/0001102993-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000016/lpsn-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001102993-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer