LivePerson Q2 2020 Earnings Report
Key Takeaways
LivePerson's Q2 2020 revenue increased by 29% year-over-year to $91.6 million. The company signed 7 seven-figure deals and 134 deals in total. LivePerson is raising revenue and profit guidance for 2020.
Total revenue was $91.6 million, an increase of 29% as compared to the same period last year.
Business operations revenue increased 30% year over year to $84.0 million.
Revenue from consumer operations increased 24% year over year to $7.6 million.
Adjusted EBITDA for the second quarter of 2020 was $9.3 million, as compared to a loss of $5.3 million in the second quarter of 2019.
LivePerson
LivePerson
LivePerson Revenue by Segment
Forward Guidance
LivePerson is raising revenue guidance for the full year 2020 to a range of $357.0 million to $361.0 million, up from previous guidance of $340.0 million to $355.0 million. The Company is raising guidance for 2020 adjusted EBITDA to a range of $16.0 million to $19.0 million, up from prior guidance of $3.5 million to $10.5 million.
Positive Outlook
- Revenue (in millions) $357.0 - $361.0
- GAAP net loss per share $(1.57) - $(1.52)
- Adjusted operating loss (in millions) $(8.2) - $(5.2)
- Adjusted EBITDA income (in millions) $16.0 - $19.0
- Fully diluted share count (in millions) 67.4