LivePerson reports Q3 EPS (56c), consensus (8c)

Reports Q3 revenue $129.6M, consensus $122.3M. Q3 net loss was $43.2M and adjusted operating income was $2.0M. "Throughout FY22, LivePerson has been focused on three key actions to optimize profitable revenue growth: growing new logos, expanding existing accounts, and advancing strategic partnerships by opening our AI to other platforms and strengthening it to drive enhanced value to customers" said founder and CEO Robert LoCascio. "This is evidenced by the execution we delivered in Q3 with upsells and renewals. We are seeing good traction with brands moving us into the mission-critical, Tier 1 group of providers, which we continue to see play out as some of our largest brands re-up with us and commit to longer terms and larger volumes."