LiveVox Sees Q3 Revenue $35.5M vs $36.85B Est., Sees FY23 Revenue $145M-$148M vs $146.33M Est.
Portfolio Pulse from Benzinga Newsdesk
LiveVox has reported its Q3 revenue at $35.5M, which is lower than the estimated $36.85B. The company also forecasts its FY23 revenue to be between $145M-$148M, compared to the estimated $146.33M.
August 08, 2023 | 9:26 pm
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NEGATIVE IMPACT
LiveVox's Q3 revenue is lower than expected and its FY23 revenue forecast is in line with estimates.
LiveVox's Q3 revenue fell short of estimates, which could negatively impact investor sentiment and potentially lead to a short-term drop in the stock price. However, the FY23 revenue forecast is in line with estimates, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100