LivePerson Announces Third Quarter 2020 Financial Results

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Go back to LivePerson Announces Third Quarter 2020 Financial Results

LivePerson (LPSN) Misses Q3 EPS by 52c, Revenues Beat; Lowers FY20 EPS Guidance, Raises FY20 Revenue Outlook

October 29, 2020 5:38 PM EDT

LivePerson (NASDAQ: LPSN) reported Q3 EPS of ($0.58), $0.52 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $94.8 million versus the consensus estimate of $92.64 million.

"A second consecutive quarter of 25%-plus revenue growth validates that LivePerson is at the forefront of a consumer-led, structural demand shift to Conversational AI," said CEO and Founder, Rob LoCascio. "Consumers are turning to AI-powered messaging as a preferred alternative to visiting stores, calling 1-800 numbers or surfing the web, and LivePerson's Conversational Cloud is setting the industry standard for this new set of technologies.... More