LivePerson (LPSN) Issues FY 2018 Earnings Guidance
LivePerson (NASDAQ:LPSN) issued an update on its FY 2018 earnings guidance on Thursday morning. The company provided EPS guidance of $0.05-0.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.11. The company issued revenue guidance of $248-250 million, compared to the consensus revenue estimate of $246.53 million.LivePerson also updated its Q4 guidance to $0.01-0.03 EPS.
Shares of NASDAQ:LPSN opened at $21.06 on Friday. The company has a market capitalization of $1.42 billion, a P/E ratio of -350.92 and a beta of 1.27. LivePerson has a one year low of $10.80 and a one year high of $27.40.
LivePerson (NASDAQ:LPSN) last issued its quarterly earnings data on Thursday, November 8th. The technology company reported ($0.03) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.03). The business had revenue of $64.21 million during the quarter, compared to the consensus estimate of $62.55 million. LivePerson had a negative net margin of 7.06% and a negative return on equity of 3.34%. The firm’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 EPS. On average, equities analysts expect that LivePerson will post -0.08 earnings per share for the current year.
In other LivePerson news, CEO Robert P. Locascio sold 2,567 shares of the company’s stock in a transaction that occurred on Monday, September 17th. The shares were sold at an average price of $26.55, for a total value of $68,153.85. Following the completion of the transaction, the chief executive officer now directly owns 316,239 shares in the company, valued at approximately $8,396,145.45. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Monica L. Greenberg sold 1,466 shares of the company’s stock in a transaction that occurred on Monday, September 17th. The shares were sold at an average price of $26.55, for a total transaction of $38,922.30. Following the completion of the transaction, the executive vice president now owns 39,849 shares of the company’s stock, valued at $1,057,990.95. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 48,854 shares of company stock valued at $1,105,304. Corporate insiders own 11.50% of the company’s stock.
LivePerson Company Profile
LivePerson, Inc provides mobile and online business messaging solutions that power digital communication between brands and consumers. It operates in two segments, Business and Consumer. The Business segment facilitates real-time online interactions, such as chat, voice, and content delivery across multiple channels and screens for corporations of various sizes.
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