LivePerson Q1 revenue $107.7M (-17% YoY), net loss narrows to $17.4M; repurchased 68% of 2024 notes

LIVEPERSON INC

2023-Q1 EPS reported -$0.23 revenue$107,661,000

Revenue $107.7M (-17% YoY); net loss $17.4M ($0.23/share) vs $65.4M loss a year ago.
Adjusted EBITDA loss narrowed to $(1.3)M from $(17.6)M; company reaffirms FY 2023 guidance.
Repurchased $157.5M of $230M convertible notes due 2024 at a discount (68% of outstanding).
Divested Kasamba (non-core consumer business) as part of profitable growth strategy.
Signed 70 deals, 4 seven-figure, 20 new logos; avg revenue per enterprise customer up 3% to $665k.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

LIVEPERSON INC reported first quarter ended March 31, 2023 results: revenue $107.7 million, net income $17.4 million, EPS $0.23 per share.

Period: first quarter ended March 31, 2023
Revenue: $107.7 million
Net income: $17.4 million
EPS: $0.23 per share
Result: reported results

Exact text from the filing

Total revenue was $107.7 million for the first quarter of 2023, consistent with our prior guidance and a decrease of 17% as compared to the same period last year

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

LIVEPERSON INC filing history →

Source: SEC EDGAR

accession 0001102993-23-000046

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