secwatch.observer — SEC 8-K summary
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Issuer:     LIVEPERSON INC (LPSN)
CIK:        0001102993
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001102993-24-000073
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LivePerson Q1 revenue $85.1M, down 21% YoY; net loss widens to $35.6M
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- Total revenue of $85.1M, above high-end of guidance, down 20.9% YoY due to churn and exited lines.
- Net loss of $35.6M ($0.40 per share) vs loss of $17.4M ($0.23) in Q1 2023.
- Adjusted operating loss of $7.7M improved from $8.7M loss a year ago.
- Signed 40 deals (12 new, 28 existing); ARPC rose 11.6% YoY to $625,000.
- Management cites progress on transformation, go-to-market overhaul, and deleveraging efforts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102993/000110299324000073/0001102993-24-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102993/000110299324000073/lpsn-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001102993-24-000073

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