LivePerson (NASDAQ:LPSN) posted its earnings results on Thursday. The technology company reported ($0.18) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.02), Fidelity Earnings reports. LivePerson had a negative net margin of 21.09% and a negative return on equity of 22.65%. The business had revenue of $75.18 million during the quarter, compared to analysts’ expectations of $74.69 million. During the same quarter in the prior year, the firm earned $0.09 EPS. LivePerson’s revenue for the quarter was up 17.1% compared to the same quarter last year.
Shares of LPSN stock traded down $5.35 on Friday, hitting $35.06. The stock had a trading volume of 4,396,000 shares, compared to its average volume of 677,124. The company’s 50 day moving average price is $38.35 and its 200-day moving average price is $33.57. The firm has a market capitalization of $2.71 billion, a P/E ratio of -152.43 and a beta of 1.03. LivePerson has a 1 year low of $16.98 and a 1 year high of $42.85. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.41 and a quick ratio of 2.41.
In other news, EVP Monica L. Greenberg sold 2,284 shares of the company’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $37.19, for a total transaction of $84,941.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 9.70% of the company’s stock.
LivePerson, Inc provides conversational commerce solutions. The company operates in two segments, Business and Consumer. The Business segment enables brands to leverage LiveEngage's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies.
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