secwatch.observer — SEC 8-K summary
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Issuer:     LIVEPERSON INC (LPSN)
CIK:        0001102993
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001102993-23-000046
Event type: earnings
Sentiment:  neutral
Materiality: 0.72
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000046/0001102993-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102993/000110299323000046/lpsn-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001102993-23-000046

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