By Connor Hart
Shares of LivePerson climbed after the company raised the floor of its full-year revenue outlook after deal signings provided a surprise lift to sales during the third quarter.
The stock rose 18%, to $6.20, midday Tuesday. Despite the gain, shares have lost nearly three-quarters of their value so far this year.
The company, which provides messaging solutions with conversational artificial intelligence, posted a profit of $8.7 million, compared with a loss of $28.3 million a year earlier.
Revenue fell 19%, to $60.2 million, driven primarily by customer cancellations and downsells. Wall Street had modeled $57.1 million.
Despite headwinds, the company said it signed 28 deals during the recent quarter, consisting of 26 existing and two new customers.
For the current quarter, LivePerson guided for revenue between $50.5 million and $55.5 million. Analysts had been looking for $54.5 million.
The company raised the low end of its full-year revenue outlook to $235 million from $230 million, while maintaining the high end at $240 million. Wall Street had projected $235.9 million.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
November 11, 2025 12:56 ET (17:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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