LivePerson (LPSN) Misses Q1 EPS by 5c

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LivePerson Announces First Quarter 2016 Financial Results

May 4, 2016 4:17 PM EDT

NEW YORK, May 4, 2016 /PRNewswire/ -- LivePerson, Inc. (NASDAQ: LPSN), a leading provider of mobile and online messaging, today announced financial results for the first quarter ended March 31, 2016.

Revenue

Total revenue was $55.5 million for the first quarter of 2016, a decrease of 7% as compared to the same period last year. Within total revenue, business operations revenue for the first quarter of 2016 was $51.7 million, a decrease of 8%.  Revenue from consumer operations was $3.8 million, an increase of 2%.

LivePerson signed a total of 84... More