LivePerson Announces Q3 EPS of $2.76, Exceeding Consensus Estimate of $2.30
Reports Q3 revenue $60.2M, consensus $57.11M. "This quarter, we delivered on our commitment to strengthen LivePerson's financial foundation, providing renewed customer confidence and supporting key enterprise renewals and new growth opportunities. Our progress is further fueled by continued product innovation, including our expanded partnership with Google and the exciting launch of Conversation Simulator, which we believe represents a significant new opportunity. With our financial foundation stabilized and commercial traction building, we are in a strong position to continue to execute our strategy," said John Sabino, CEO. "In Q3, we strengthened our capital structure and rationalized costs, building a path towards producing sustainable free cash flow. Simultaneously, we continued to deliver value for customers with on-schedule GCP migrations and product innovation in the form of Conversation Simulator. Collectively, we believe these milestones have positioned LivePerson to continue building commercial traction going forward," said John Collins, CFO and COO.
