LivePerson Expects Q3 Total Revenue Of $69M - $73M Or (32)% To (28)% Y/Y, Est $73.8M
Portfolio Pulse from Benzinga Newsdesk
LivePerson (LPSN) expects Q3 2024 total revenue to be between $69M and $73M, representing a year-over-year decline of 28% to 32%. The company also forecasts adjusted EBITDA to range from $0M to $5M, with a margin of 0.0% to 6.8%.
July 31, 2024 | 9:18 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
LivePerson (LPSN) expects Q3 2024 revenue to decline by 28% to 32% year-over-year, with adjusted EBITDA ranging from $0M to $5M. This indicates potential financial challenges and may negatively impact investor sentiment.
The significant year-over-year revenue decline and modest EBITDA forecast suggest financial difficulties, likely leading to negative investor sentiment and a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100