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Dec 31, 2023

LivePerson Q4 2023 Earnings Report

LivePerson reported financial results for Q4 2023, with revenue above the midpoint of guidance and adjusted EBITDA exceeding expectations.

Key Takeaways

LivePerson's Q4 2023 revenue was $95.5 million, a 22.1% decrease compared to the same period last year. The company signed 62 deals, including 16 new and 46 existing customer contracts. Net loss was $40.5 million, or $0.48 per share, while adjusted EBITDA was $3.7 million.

Total revenue for Q4 2023 was $95.5 million, exceeding the midpoint of prior guidance.

Signed 62 deals in Q4, including 16 new and 46 existing customer contracts.

Trailing-twelve-months average revenue per enterprise and mid-market customer increased 11.9% to $610,000.

Adjusted EBITDA for Q4 2023 was $3.7 million, compared to an adjusted EBITDA loss of $5.2 million in Q4 2022.

Total Revenue
$95.5M
Previous year: $122M
-22.1%
EPS
-$0.48
Previous year: -$0.25
+92.0%
Adjusted EBITDA
$3.71M
Previous year: -$5.21M
-171.2%
Gross Profit
$54.8M
Previous year: $76.1M
-28.0%
Cash and Equivalents
$211M
Previous year: $392M
-46.2%
Free Cash Flow
-$1.68M
Previous year: $4.1M
-141.1%
Total Assets
$836M
Previous year: $1.09B
-23.3%

LivePerson

LivePerson

LivePerson Revenue by Segment

Forward Guidance

For the full year 2024, LivePerson expects total revenue to range from $300 million to $315 million, and adjusted EBITDA to range from $15 million to $26 million. For the first quarter of 2024, the company expects total revenue to range from $79 million to $83 million, and adjusted EBITDA to range from $(2) million to $2 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income