November 10, 2005, 12:00 AM

LivePerson reports Q3 revenues of $5.7 million

LivePerson, a provider of live chat services for retailers and others, reported third quarter revenues of $5.7 million, up 29.5% from $4.4 million in the year-earlier period.

 

LivePerson Inc., a provider of live chat services for retailers and others, reported third quarter revenues of $5.7 million, up 29.5% from $4.4 million in the year-earlier period.

The increase was due primarily to new deployments of LivePerson’s Timpani Sales and Marketing live-chat platform and strong sales of LivePerson Pro to small businesses, the company said.

Net income for the quarter totaled $700,000, up 86.2% from $376,000 in 2004’s third quarter. The company’s third quarter ended Sept. 30.

“We are very pleased with the results for the quarter,” said Robert LoCascio, CEO. “Our sequential growth trends are continuing, and we have a strong roster of both recently signed contracts and pipeline deals, as well as recent expansion within several larger clients.”

For the nine months ended Sept. 30, LivePerson reported revenues of $16 million, up 25% from $12.8 million a year earlier. Net income for the nine months dropped 22.2% to $1.4 million from $1.8 million for the same period in 2004.

LivePerson expects revenue of about $22 million for the year.

 

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Will Devlin / E-Commerce

Three simple steps to reducing shopping cart abandonment

Payment options, a shopping cart that holds a customer’s items while she ponders the purchase ...

FPO

Adrien Henni / E-Commerce

eBay and Russian Post accelerate cross-border deliveriies

EBay and Russian Post have signed a memorandum of cooperation aimed at reducing the time ...

Advertisement