LPSN - LivePerson GAAP EPS of -$0.23 beats by $0.29 revenue of $107.66M beats by $0.21M
2023-05-09 16:56:15 ET
- LivePerson press release ( NASDAQ: LPSN ): Q1 GAAP EPS of -$0.23 beats by $0.29 .
- Revenue of $107.66M (-17.3% Y/Y) beats by $0.21M .
- 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 as the company continues to execute on its plan to exit lower-margin and non-core lines of business.
- LivePerson signed 70 deals in total for the first quarter, consisting of 20 new and 50 existing customer contracts, including 4 seven-figure deals. Trailing-twelve-months average revenue per enterprise and mid-market customer increased 3% for the first quarter to $665,000, up from approximately $645,000 for the comparable prior-year period.
- As for the second quarter, our guidance range for revenue is $95M to $99M vs $99.21M consensus, or a decline of -23% to -20% YoY.
- As for adjusted EBITDA in the second quarter, our guidance range is $3M to $7M, or a margin of 3% to 7%.
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LivePerson GAAP EPS of -$0.23 beats by $0.29, revenue of $107.66M beats by $0.21M