LivePerson Q2 EPS $0.12 Beats $(0.38) Estimate, Sales $97.52M Beat $96.85M Estimate
Portfolio Pulse from saritha@benzinga.com
LivePerson (NASDAQ:LPSN) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $(0.38) by 131.58%. This is a 112.24% increase over losses of $(0.98) per share from the same period last year. The company also reported quarterly sales of $97.52 million, beating the analyst consensus estimate of $96.85 million by 0.69%. However, this is a 26.43% decrease over sales of $132.56 million the same period last year.
August 08, 2023 | 8:59 pm
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NEUTRAL IMPACT
LivePerson's Q2 earnings and sales beat estimates, but sales are down 26.43% YoY. This mixed result could lead to uncertain short-term price movements.
While LivePerson beat earnings and sales estimates, the significant YoY decrease in sales could be a concern for investors, leading to potential uncertainty in short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100