LivePerson Inc reports results for the quarter ended June 30 - Earnings Summary

• LivePerson Inc LPSN.OQ reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of four analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -31 cents to -22 cents per share.

• Revenue fell 25.4% to $59.60 million from a year ago; analysts expected $58.57 million.

• LivePerson Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $15.71 million.

• LivePerson Inc shares had risen by 19.8% this quarter and lost 20.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for LivePerson Inc is $0.93, about 30.8% below its last closing price of $1.21

This summary was machine generated from LSEG data August 11 at 10:14 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)