LPSN - LivePerson dips 5% after Q1 reports; raises FY EBITDA guidance
LivePerson (NASDAQ:LPSN +6.4%) Q1 shows revenue beat of $4.6M to $130.2M, up 20.7% Y/Y. Company signed five seven-figure deals and 102 deals in total in Q1, comprising 26 new and 76 existing customer contracts. Adjusted EBITDA, was a loss of $17.6M as compared to $13.3M. Cash balance was $480.7M at March 31, 2022, as compared to $521.8M at December 31, 2021. Guidance Q2: Revenue $132.5M-135.5M, or 11.0% to 13.0% growth Y/Y vs. consensus of $137.13M; Adjusted EBITDA in a range of $(9.5)M to $(5.5)M or a (7.2)% to (4.1)% adjusted EBITDA margin. FY2022 revenue guidance range reaffirmed $544.8M to $563.3M, or 16.0% to 20.0% growth Y/Y vs. consensus of $554.19M; Raised FY2022 adjusted EBITDA guidance to a range of $1M to $10M, or a 0.0% to 2.0% adjusted EBITDA margin, up from prior guidance of $(20.0)M to $0.0M, or a (3.7)% to 0.0% adjusted EBITDA margin. "Our first quarter results demonstrate progress on our
For further details see:
LivePerson dips 5% after Q1 reports; raises FY EBITDA guidance