LivePerson (NASDAQ: LPSN) reported Q1 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $58.2 million versus the consensus estimate of $57.22 million.

Financial Expectations

Following a strong start to the year, the Company is raising the midpoint of its 2018 revenue guidance. The 2018 revenue guidance range is now $239 million to $243 million, as compared to previously issued guidance of $237 million to $243 million.

The Company is also increasing guidance for net income, adjusted net income and adjusted EBITDA profit measures. Adjusted EBITDA guidance is increasing by $2 million to a range of $22 million to $25 million, from a previously issued range of $20 million to $23 million. The midpoint now equates to a 9.8% margin, which is 140 basis points higher than in 2017.

GUIDANCE:

LivePerson sees FY2018 EPS of ($0.29)-($0.23), versus the consensus of $0.09. LivePerson sees FY2018 revenue of $239-243 million, versus the consensus of $239.44 million.

For earnings history and earnings-related data on LivePerson (LPSN) click here.