NEW YORK (AP) — NEW YORK (AP) — LivePerson Inc. (LPSN) on Wednesday reported a loss of $41.7 million in its fourth quarter.
The New York-based company said it had a loss of 55 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 31 cents per share.
The customer-service technology company posted revenue of $122.5 million in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $127 million.
For the year, the company reported that its loss widened to $225.7 million, or $3.03 per share. Revenue was reported as $514.8 million.
For the current quarter ending in March, LivePerson said it expects revenue in the range of $106 million to $109 million.
The company expects full-year revenue in the range of $395 million to $410 million.
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