LivePerson Q4 revenue $95.5M, above guidance; adjusted EBITDA $3.7M vs -$5.2M YoY

LIVEPERSON INC

2023-FY EPS reported -$1.28 revenue$401,983,000

Revenue $95.5M, down 22.1% YoY, but above midpoint of guidance; net loss $40.5M ($0.48 per share).
Adjusted EBITDA $3.7M, improved from loss of $5.2M in Q4 2022; adjusted operating loss $4.0M vs $16.1M.
Signed 62 deals in Q4: 16 new logos, 46 expansions/renewals, including 3 seven-figure contracts.
Trailing 12-month average revenue per enterprise/mid-market customer $610K, up 11.9% from $545K.
CEO John Sabino highlights transformation toward profitable growth; CFO John Collins cites product validation.

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 1.0

LIVEPERSON INC reported the fourth quarter ended December 31, 2023 results: revenue $95.5 million, net income $40.5 million or $0.48 per share, EPS $0.48 per share.

Period: the fourth quarter ended December 31, 2023
Revenue: $95.5 million
Net income: $40.5 million or $0.48 per share
EPS: $0.48 per share
Result: reported results

Exact text from the filing

Total revenue was $95.5 million for the fourth quarter of 2023, above the midpoint of our prior guidance and a decrease of 22.1% as compared to the same period last year driven by our exit of lower-margin and non-core business lines.

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LIVEPERSON INC filing history →

Source: SEC EDGAR

accession 0001102993-24-000034

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