LivePerson Is Growing Again
LivePerson (NASDAQ: LPSN) is showing year-over-year top-line growth ahead of schedule and even boosting its revenue guidance for all of 2017, but it wasn't a perfect quarterly report posted shortly after Thursday's market close. The provider of high-tech customer support is seeing its full-year outlook for the bottom line going the other way, and it's also announcing that its CFO will be leaving the company by early next year.
Revenue clocked in at $56.5 million for the third quarter, a modest 4% uptick from a year earlier but well ahed of the $54 million to $55 million that it was targeting back in mid-August. LivePerson landed smack-dab in the middle of that range a year earlier -- generating $54.5 million in revenue for the third quarter of 2016 -- so it could've just as easily posted a decline on the top line. Landing north of last year's showing is significant, as it's LivePerson's first fiscal period of growth since late 2015.
Image source: LivePerson.
Source: Fool.com
LivePerson Inc. Stock
Our community is currently high on LivePerson Inc. with 4 Buy predictions and 2 Sell predictions.
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