LivePerson Inc

NASDAQ:LPSNUnited States

Nov 7, 2024

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• -- Earnings Flash (LPSN) LIVEPERSON Reports Q3 Revenue $74.2M, from 4:31PM ET on Thursday Nov 07, 2024 by MT Newswires

  4:31PM ET on Thursday Nov 07, 2024 by MT Newswires
  Companies Mentioned: LPSN
  04:31 PM EST, 11/07/2024 (MT Newswires) -- ...

• LivePerson Announces Third Quarter 2024 Financial Results, from 4:30PM ET on Thursday Nov 07, 2024 by PR Newswire

  4:30PM ET on Thursday Nov 07, 2024 by PR Newswire
  Companies Mentioned: LPSN

  Total Revenue of $74.2M, above the high-end of our guidance range --

  Adjusted EBITDA above the high-end of our guidance range --

  LivePerson, Inc. (NASDAQ: LPSN) ("LivePerson", the "Company", "we" or "us"), the enterprise leader in digital customer conversations, today announced financial results for the third quarter ended September30, 2024.

• LivePerson Announces Third Quarter 2024 Financial Results, from 4:30PM ET on Thursday Nov 07, 2024 by Dow Jones

  4:30PM ET on Thursday Nov 07, 2024 by Dow Jones
  Companies Mentioned: LPSN
  the Company's equity method investment during the nine months ended September 30, 2023. The remaining amount of other income (expense), net fluctuation is attributable to currency rate fluctuations for the periods presented. Three Months Ended Nine Months Ended September 30 September 30 ------------------------------------ -------------------------------- 2024 2023 2024 2023 ----------------- ----------------- --------------- --------------- (In thousands) Calculation of Free Cash Flow: Net cash provided by (used in) operating activities $ 4,817 $ 6,247 $ (12,015) $ (24,302) Purchases of property and equipment, including capitalized software (5,047) (5,440) (21,504) (22,437) ----------------- ----------------- --------------- --------------- Total free cash flow $ (230) $ 807 $ (33,519) $ (46,739) ================= ================= =============== =============== LivePerson, Inc. Condensed Consolidated Balance Sheets (In Thousands) Unaudited September 30, December 31, 2024 2023 ----------------- ----------------- ASSETS CURRENT ASSETS: Cash and cash equivalents $ 142,104 $ 210,782 Restricted cash -- 2,143 Accounts receivable, net of allowance for credit losses 49,947 81,802 Prepaid expenses and other current assets 21,208 26,981 ----------------- ----------------- Total current assets 213,259 321,708 Operating lease right-of-use assets 98 4,135 Property and equipment, net 105,120 119,325 Contract acquisition costs, net 35,819 37,354 Intangible assets, net 49,900 61,625 Goodwill 282,331 285,631 Deferred tax assets 4,550 4,527 Other assets 949 1,208 ----------------- ----------------- Total assets $ 692,026 $ 835,513 ================= ================= LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 17,680 $ 13,555 Accrued expenses and other current liabilities 75,102 97,024 Deferred revenue 75,606 81,858 Convertible senior notes -- 72,393 Operating lease liabilities 141 2,719 ----------------- ----------------- Total current liabilities 168,529 267,549 Convertible senior notes, net of current portion 470,304 511,565 Operating lease liabilities, net of current portion -- 2,173 Deferred tax liabilities 3,389 2,930 Other liabilities 3,898 3,158 ----------------- ----------------- Total liabilities 646,120 787,375 Commitments and contingencies ----------------- ----------------- Total stockholders' equity 45,906 48,138 ----------------- ----------------- Total liabilities and stockholders' equity $ 692,026 $ 835,513 ================= =================
  

• *DJ LivePerson 3Q Loss/Shr 32c >LPSN, from 4:30PM ET on Thursday Nov 07, 2024 by Dow Jones

  4:30PM ET on Thursday Nov 07, 2024 by Dow Jones
  Companies Mentioned: LPSN