LivePerson Clicks With Record Results
Shares of LivePerson (NASDAQ: LPSN) hit new highs on Thursday morning following a well-received second-quarter report. The provider of high-tech customer support solutions came through with record results, accelerating growth, and raised guidance -- the Triple Crown of earnings season.
Revenue rose 15.1% to hit $71 million for the quarter, ahead of the $69.5 to $70.5 million that it was targeting three months ago. LivePerson has been a steady performer over the past year and a half. Top-line gains have come in between 13.7% and 14.5% in each of the five previous quarters. If the numbers had to break that tight range, investors are naturally happy to see them crash through the ceiling rather than the floor, though year-over-year revenue increases between 13.7% and 15.1% over the past six quarters are still pretty tight and steady.
Image source: LivePerson.
Quelle Fool.com
