LivePerson, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:52 pm EST
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LivePerson, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 101.33 million compared to USD 129.56 million a year ago. Net loss was USD 53.31 million compared to USD 43.25 million a year ago. Basic loss per share from continuing operations was USD 0.68 compared to USD 0.56 a year ago. Diluted loss per share from continuing operations was USD 0.68 compared to USD 0.56 a year ago.
For the nine months, sales was USD 306.52 million compared to USD 392.32 million a year ago. Net loss was USD 59.91 million compared to USD 184.02 million a year ago. Basic loss per share from continuing operations was USD 0.78 compared to USD 2.39 a year ago. Diluted loss per share from continuing operations was USD 0.78 compared to USD 2.39 a year ago.
LivePerson, Inc. is a digital customer conversation company. The Companyâs segment is Business, which enables brands to leverage the Conversational Cloudâs sophisticated intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. Its business solutions offerings include The Conversational Cloud and LivePersonâs Conversational AI. The Conversational Cloud, its enterprise-class digital customer conversation platform, enables businesses and consumers to connect through conversational channels, such as voice, in-app and mobile messaging, while leveraging bots and artificial intelligence (AI) to increase efficiency. Its mobile and online messaging solutions are targeted at corporate executives whose primary responsibility is optimization of customer care, sales and marketing. Its customers include Fortune 500 companies, dedicated Internet businesses, a range of online merchants, automotive dealers, and others.