LivePerson (NASDAQ:LPSN) Releases Q1 2020 After-Hours Earnings Guidance
LivePerson (NASDAQ:LPSN) issued an update on its first quarter 2020
After-Hours earnings guidance on Thursday morning. The company provided EPS guidance of -0.53–0.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.09. The company issued revenue guidance of $77.5-78.5 million, compared to the consensus revenue estimate of $80.42 million.LivePerson also updated its FY 2020
After-Hours guidance to -1.64–1.54 EPS.
Shares of LivePerson stock traded down $11.02 during mid-day trading on Friday, hitting $33.96. 7,654,145 shares of the stock were exchanged. LivePerson has a twelve month low of $25.15 and a twelve month high of $45.21. The company has a 50-day simple moving average of $40.63 and a 200 day simple moving average of $38.63.
LivePerson (NASDAQ:LPSN) last released its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.29) by $0.23. The firm had revenue of $79.07 million for the quarter, compared to analyst estimates of $78.71 million. As a group, analysts forecast that LivePerson will post -1.06 EPS for the current year.
In related news, Director Kevin Lavan sold 20,000 shares of LivePerson stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $37.37, for a total value of $747,400.00. Following the transaction, the director now owns 26,000 shares of the company’s stock, valued at approximately $971,620. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Daryl Carlough sold 10,000 shares of LivePerson stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $38.49, for a total value of $384,900.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 60,123 shares of company stock worth $2,487,420. 9.70% of the stock is owned by company insiders.
LivePerson Company Profile
LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.
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