NEW YORK (AP) — NEW YORK (AP) — LivePerson Inc. (LPSN) on Tuesday reported a loss of $17.4 million in its first quarter.
The New York-based company said it had a loss of 23 cents per share. Losses, adjusted for one-time gains and costs, were 15 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.
The customer-service technology company posted revenue of $107.7 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $107.2 million.
For the current quarter ending in June, LivePerson said it expects revenue in the range of $95 million to $99 million.
The company expects full-year revenue in the range of $387 million to $401 million.
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