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Tripp Lane Joins LivePerson Board of Directors
Prnewswire· 2025-11-17 13:30
Core Insights - LivePerson has appointed Nathan "Tripp" Lane to its Board of Directors, bringing extensive experience in technology strategy and business transformation [1][2][3] Company Overview - LivePerson (NASDAQ: LPSN) is a leader in predictable conversational AI and digital transformation, serving major brands with its Conversational Cloud platform [4] - The company facilitates nearly a billion conversational interactions monthly, providing valuable data analytics and safety tools [4] Board Appointment - Tripp Lane's background includes founding Delancey Cove LLC, advising on strategic and operational matters, and holding board positions in various technology companies [3] - His appointment is seen as a strategic move to enhance execution and shareholder value for LivePerson [2][3]
LivePerson Announces Third Quarter 2025 Financial Results
Prnewswire· 2025-11-10 21:30
Core Insights - LivePerson reported total revenue of $60.2 million for Q3 2025, which is a decrease of 19.0% compared to the same period last year, primarily due to customer cancellations and downsells [2][3] - The company achieved adjusted EBITDA of $4.8 million for Q3 2025, down from $7.3 million in Q3 2024 [8][29] - LivePerson signed 28 deals in total during the quarter, including 26 expansions and renewals, and 2 new customers [3][6] Financial Performance - Total revenue for Q3 2025 was $60.2 million, a decrease of 19.0% year-over-year [2] - Net income for Q3 2025 was $8.7 million, or $0.98 per share, compared to a net loss of $28.3 million, or $4.74 per share, in Q3 2024 [7][25] - Adjusted operating loss for Q3 2025 was $0.7 million, compared to adjusted operating income of less than $0.1 million in Q3 2024 [7][29] - Cash and cash equivalents at the end of Q3 2025 were $106.7 million, down from $183.2 million at the end of 2024 [10][32] Customer and Market Developments - The average revenue per enterprise and mid-market customer (ARPC) increased by 5.6% to $665,000 in Q3 2025, up from approximately $630,000 in the prior year [3] - The company emphasized its commitment to strengthening its financial foundation and enhancing customer confidence through product innovation, including a partnership with Google and the launch of Conversation Simulator [4][5] Future Guidance - For Q4 2025, LivePerson expects total revenue to range from $50.5 million to $55.5 million, representing a year-over-year decline of 31% to 24% [13][15] - For the full year 2025, total revenue is expected to range from $235 million to $240 million, a decrease of 25% to 23% year-over-year [14][15]
LivePerson to Announce Third Quarter 2025 Financial Results on November 10, 2025
Prnewswire· 2025-10-28 12:30
NEW YORK, Oct. 28, 2025 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), a leading provider of trusted enterprise conversational AI and outcome-driven digital transformation, today announced the planned release of its second quarter financial results after the market close on Monday, November 10, 2025. CEO John Sabino and CFO & COO John Collins will host a conference call later that day, at 5:00 p.m. Eastern Time. The conference call will be simulcast live and can be accessed by logging onto the investor re ...
LivePerson Recognized in the 2025 Gartner® Competitive Landscape: Digital Customer Service
Prnewswire· 2025-09-25 16:00
Core Insights - LivePerson has been included in Gartner's "Competitive Landscape: Digital Customer Service" report, highlighting its role in the evolving customer engagement landscape [1][2] - The company emphasizes a shift towards seamless, orchestrated conversations rather than siloed channels, positioning its connected experience platform as a solution for future customer engagement needs [1][6] - LivePerson's platform allows integration with existing CRM and CCaaS systems, supporting businesses in automating and personalizing customer interactions [1][6] Market Trends - The market is moving towards managing continuous conversations across various channels, focusing on dialogue as the core unit of interaction [6] - An AI-first approach is becoming essential for scaling conversations, enabling automation, and personalization, with LivePerson's platform supporting flexibility in using different large language models (LLMs) [6] - There is an emphasis on composability and open platforms, with vendors adopting API-first architectures to allow businesses to create tailored solutions and enhance their technology stacks [6] Company Performance - LivePerson powers nearly a billion conversational interactions each month, providing rich data analytics and safety tools to improve business outcomes [4] - The company has been recognized as the 1 Most Innovative AI Company in the world by Fast Company, underscoring its leadership in the conversational AI space [4]
LivePerson Announces AWS Integration to Unify Voice and Digital Customer Experiences
Prnewswire· 2025-08-25 13:00
Core Insights - LivePerson is collaborating with Amazon Web Services (AWS) to integrate Amazon Connect with its digital contact center, aiming to enhance customer service through a unified platform that combines AI capabilities and conversational intelligence [1][2][3] Group 1: Integration Benefits - The integration will provide contact center agents with a single interface to manage all interactions, improving efficiency and customer satisfaction [2] - Businesses can reduce operational complexity and costs by eliminating separate telephony requirements, allowing for more efficient scaling of customer service operations [2][3] Group 2: Advanced Features - The combined platform will offer seamless transitions between automated systems and human support, enhancing customer service experiences [3] - LivePerson's digital contact center will support a wide array of communication channels, including SMS, WhatsApp, and various messaging apps, providing a comprehensive digital toolkit [7] Group 3: AI Capabilities - The integration will feature advanced conversational AI, including generative AI capabilities such as conversation summarization and specialized AI agents for routing and data gathering [7] - LivePerson's platform will consolidate customer sentiment and agent performance data from any voice or digital provider, creating a fully unified conversational intelligence platform [7]
LivePerson Recognized as a Niche Player in the 2025 Gartner® Magic Quadrant™ for Conversational AI Platforms
Prnewswire· 2025-08-18 16:16
Core Insights - LivePerson has been recognized as a Niche Player in the 2025 Gartner Magic Quadrant for Conversational AI Platforms, marking its first evaluation in this report [1][2] - The recognition enhances LivePerson's credibility and supports its long-term position as a strategic provider of enterprise conversational AI [2] - LivePerson's Connected Experience Platform facilitates AI-driven engagements across digital and voice channels, focusing on customer service, support, and digital commerce [2][4] Company Overview - LivePerson is a leading provider of enterprise conversational AI, empowering over 1,000 brands in more than 100 countries [2] - The company manages nearly a billion conversational interactions monthly, providing a rich data set and AI-powered solutions for contact center transformation and personalized customer experiences [4] - LivePerson has been named the 1 Most Innovative AI Company in the world by Fast Company [4] Market Position - The Gartner Magic Quadrant serves as a critical resource for brands selecting conversational AI platforms, emphasizing the importance of complex automation and multimodal interactions [3] - To qualify for inclusion in the Magic Quadrant, providers must meet Gartner's criteria and demonstrate execution capability and completeness of vision [3]
LivePerson Announces Deleveraging Transaction
Prnewswire· 2025-08-11 20:16
Core Viewpoint - LivePerson has entered into an agreement to exchange $341.1 million of its outstanding 2026 Convertible Senior Notes for a combination of cash, new secured notes, and equity, aiming to deleverage its balance sheet and enhance shareholder value [1][2]. Group 1: Exchange Details - The exchange involves $45.0 million in cash, $115.0 million of 10.0% Senior Subordinated Secured Notes due 2029, and shares of Series B Preferred Stock and Common Equity Shares, which will represent 39.0% of the Company's fully diluted common stock post-exchange [1][2]. - The New Secured Notes will be guaranteed by certain subsidiaries and secured by a second-priority lien on substantially all assets, maturing on December 15, 2029, with an interest rate of 10.0% per annum [3]. Group 2: Financial Impact - The transaction is expected to capture a $181 million debt discount for shareholders and reduce the balance sheet debt by $226 million, extending the company's financial runway through 2029 [2]. - Regular dividends on the Series B Preferred Stock will accrue at a rate of 15.0%, increasing to 20.0% if any shares remain outstanding after one year from the closing date [4]. Group 3: Corporate Strategy - The exchange is part of a multi-year strategy to deleverage the balance sheet, shifting a greater proportion of enterprise value to shareholders and providing time for the company to execute its long-term strategy [2]. - The company's executive officers support the transaction and plan to vote in favor of a proposed charter amendment to increase authorized share capital [4].
LivePerson to Announce First Quarter 2025 Financial Results on May 7, 2025
Prnewswire· 2025-04-23 21:15
Core Viewpoint - LivePerson, Inc. is set to release its first quarter financial results on May 7, 2025, with a conference call scheduled for the same day to discuss the results [1]. Group 1: Financial Results Announcement - The planned release of the first quarter financial results will occur after market close on May 7, 2025 [1]. - CEO John Sabino and CFO & COO John Collins will host a conference call at 5:00 p.m. Eastern Time on the same day [1]. Group 2: Conference Call Details - The conference call will be available via live simulcast on the investor relations section of LivePerson's website [2]. - Participants can join the call by dialing in five to ten minutes before the start time, with specific numbers provided for domestic and international callers [2]. - A replay of the teleconference will be available approximately three hours after the call until May 21, 2025, with access details provided [2]. Group 3: Company Overview - LivePerson is recognized as a leader in enterprise conversational AI and digital transformation, serving major brands like HSBC, Chipotle, and Virgin Media [3]. - The company facilitates nearly a billion conversational interactions monthly, offering data analytics and safety tools to enhance business outcomes [3]. - LivePerson has been named the 1 Most Innovative AI Company in the world by Fast Company [3].
G2 Recognizes LivePerson as a Leader Across Multiple Spring 2025 Grid® Reports for AI-driven Customer Engagement
Prnewswire· 2025-04-02 12:30
Core Insights - LivePerson has been recognized as a Leader in multiple categories by G2, including AI Agents, Chatbots, Conversational Marketing, Bot Platforms, Live Chat, and Customer Self-Service, based on real customer reviews [1][2][3] Company Overview - LivePerson (NASDAQ: LPSN) is a prominent provider of enterprise conversational AI and digital transformation solutions, serving major brands like HSBC, Chipotle, and Virgin Media [5] - The company facilitates nearly a billion conversational interactions monthly, leveraging rich data analytics and safety tools to enhance business outcomes [5] Recognition and Achievements - The Leader designation from G2 is awarded to vendors that consistently receive high ratings from users and demonstrate significant market presence [2] - LivePerson's CEO, John Sabino, expressed pride in the recognition, highlighting the company's commitment to delivering connected and personalized experiences [3] Product Offerings - LivePerson's solutions include AI Agents, Chatbots, Conversational Marketing, Bot Platforms, Live Chat, and Customer Self-Service, which enable businesses to engage with customers in a human-like manner [7]