Liveperson, Inc. Provides Financial Guidance for the Second Quarter and Full Year of 2024
May 08, 2024 at 04:30 pm EDT
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LivePerson, Inc. provides financial guidance for the second quarter and full year of 2024. For the quarter, the company expects total revenue to range from $76 million to $80 million or 22% to 18% year over year. The company expects B2B Core recurring revenue to represent 92% of total revenue.
For the full year, the company expects total revenue to range from $300 million to $315 million or 24% to 20% year over year (excluding $7.2 million of Kasamba revenue generated in first quarter of 2023). In addition, the company expects B2B Core recurring revenue to represent 92% of total revenue.
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.