Brands across financial services, insurance, healthcare, retail, and more use LivePerson solutions to generate better business outcomes from AI NEW YORK, Sept. 24, 2024 /PRNewswire/ -- LivePerson (Nasdaq: LPSN), the enterprise leader in digital-first customer conversations, has helped major brands worldwide achieve meaningful ROI from their AI initiatives. These real applications of AI and automation have accelerated contact center transformations, supercharged agent productivity, and delivered more persona ...

Proven tech industry leaders join leading digital-first conversations company to accelerate go-to-market and partner ecosystem NEW YORK, Sept. 10, 2024 /PRNewswire/ -- LivePerson (Nasdaq: LPSN), the enterprise leader in digital-first customer conversations, today announced the appointments of Richard Halkett as Senior Vice President, Americas Sales and Rich Steeves as Senior Vice President, Partnerships. The addition of these two accomplished leaders supports LivePerson's strategy to accelerate the business ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

NEW YORK, Aug. 21, 2024 /PRNewswire/ -- LivePerson (Nasdaq: LPSN), the enterprise leader in digital customer conversations, today announced it has been named a Sample Vendor in both the Gartner® Hype Cycle™ for Digital Commerce, 20241 and the Gartner® Hype Cycle™ for Banking Customer Experience, 20242. Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new o ...

Core Viewpoint - The nomination of Walter Bachtiger and Michal Czwarno to the LivePerson Board aims to leverage their expertise in artificial intelligence and B2B operations to restore the company's market position and shareholder confidence [1][4]. Group 1: Nominees' Background and Expertise - Walter Bachtiger, Founder and CEO of TimeTrust and former LivePerson Vice President, has extensive experience in SaaS and B2B, particularly in delivering AI-powered chat support systems to Fortune 500 companies [2][7]. - Michal Czwarno is a strategic technology leader with a strong track record in scaling software companies, having held significant roles at Asana, PageUp, and DocuSign [2][8]. Group 2: Company Performance and Challenges - LivePerson's stock has declined by approximately 80% since August 2023, with a notable 47% drop in a single day following a February 2024 earnings call that revealed a $100 million revenue loss due to customer churn [3]. - The company underwent a debt restructuring in May 2024, which was dilutive to equity stockholders and increased exposure to interest rates, alongside key employee departures from the data science team [3]. Group 3: Strategic Vision and Goals - Mr. LoCascio emphasizes the need for a refreshed Board that understands LivePerson's operations and the evolving AI market to regain its leadership position [4][6]. - A clear operational and customer acquisition strategy is deemed essential to reduce customer churn and restore stock value [5][6].

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

New partnership combines LivePerson's enterprise conversation platform with Sycurio's payment solutions to deliver convenient and secure customer experiences NEW YORK and GUILDFORD, England, Aug. 7, 2024 /PRNewswire/ -- LivePerson (Nasdaq: LPSN), the enterprise leader in digital customer conversations, and Sycurio™, the leading provider of seamless and secure digital payment experiences for contact centers, today announced a new partnership empowering enterprises to offer seamless, secure payments directly ...

Core Viewpoint - LivePerson reported a significant quarterly loss of $0.69 per share, which was much worse than the Zacks Consensus Estimate of a loss of $0.07, marking an earnings surprise of -885.71% [1] Financial Performance - The company posted revenues of $79.88 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 2.91%, but down from $97.52 million in the same quarter last year [2] - Over the last four quarters, LivePerson has surpassed consensus revenue estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is -$0.03 on revenues of $73.08 million, and for the current fiscal year, it is -$0.20 on revenues of $308.98 million [7] Stock Performance - LivePerson shares have declined approximately 66.1% since the beginning of the year, contrasting with the S&P 500's gain of 14% [3] - The stock currently holds a Zacks Rank of 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Industry Outlook - The Internet - Services industry, to which LivePerson belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact LivePerson's stock performance [5]

-- Total Revenue of $79.9M, at the high-end of our guidance range -- -- Adjusted EBITDA above the high-end of our guidance range -- NEW YORK, July 31, 2024 /PRNewswire/ -- LivePerson, Inc. (NASDAQ: LPSN) ("LivePerson", the "Company", "we" or "us"), the enterprise leader in digital customer conversations, today announced financial results for the second quarter ended June 30, 2024. Second Quarter Highlights Total revenue was $79.9 million for the second quarter of 2024, a decrease of 18.1% as compared to the ...

NEW YORK, July 17, 2024 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), the enterprise leader in digital customer conversations, today announced the planned release of its second quarter financial results after the market close on Wednesday, July 31, 2024. CEO John Sabino and CFO & COO John Collins will host a conference call later that day, at 5:00 p.m. Eastern Time. To participate via telephone, callers should dial in five to ten minutes prior to the 5:00 p.m. Eastern start time; domestic callers (U.S. a ...