LivePerson falls as co tightens FY23 revenue forecast below estimates

LivePerson

09/11/2023 13:28

** Shares of customer-service tech firm LivePerson  LPSN.O 
falls 7.8% to $2.83 premarket
    ** Co on Wednesday narrows FY23 rev forecast to $389
mln-$399 mln vs. est of $400 mln - LSEG
    ** Co's previous range $388 mln-$400 mln
    ** Reports Q3 rev of $101.3 mln vs. est. of $98.8 mln
    ** LPSN reports Q3 loss/shr of 68 cents vs. est. of loss/shr
of 19 cents
    ** At least two brokerages cut PT on stock
    ** Stock down 69.7% YTD as of last close

 (Reporting by Pranav Kashyap in Bengaluru)