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LPSN - LivePerson: Mixed Outlook In An Interesting Market
LivePerson Inc.
Overview
Despite our fascination with the deep-tech market, our main concern with LivePerson (LPSN) has always been its capacity to boost revenue growth to break the mid-20%s YoY growth barrier. From 2015 to 2017, we see how revenue declined sequentially before recovering in FY 2018 with a 14.15% YoY growth. Continuing the trend, LivePerson has had a good year so far up to this point. The Q3 result has been convincing. The company increased its revenue by 17% YoY and expected the trend to continue or at least be maintained with 17-22% YoY