Liveperson Inc Stock Price, News & Analysis

LivePerson, Inc. (Nasdaq: LPSN), a leader in digital customer conversations, has announced the release of its second quarter 2024 financial results on July 31, 2024, after market close. CEO John Sabino and CFO & COO John Collins will host a conference call at 5:00 p.m. Eastern Time on the same day. The call will be simulcast live on the company's investor relations website.

Participants can join via telephone by dialing 1-877-407-0784 (U.S. and Canada) or 1-201-689-8560 (international), referencing conference ID "13747340". A replay will be available until August 14, 2024, accessible by calling 1-844-512-2921 (U.S. and Canada) or 1-412-317-6671 (international) with the same conference ID.

LivePerson (LPSN) has been recognized as a Leader in G2's Summer 2024 Grid reports for Bot Platforms, Conversational Marketing, and Live Chat. This recognition is based on user reviews from G2, the world's largest software marketplace. LivePerson also achieved top rankings in G2's implementation and usability indices, including accolades for Easiest Setup, Easiest Admin, and Easiest to Use.

John Sabino, CEO of LivePerson, emphasized the company's focus on helping clients leverage AI for digital customer conversations. The G2 Grid reports are designed to assist technology buyers in selecting products based on peer experiences. Products in the Leader quadrant are rated highest by users and demonstrate strong market presence.

LivePerson (Nasdaq: LPSN) announced the issuance of equity-based incentive awards under its 2018 Inducement Plan, compliant with Nasdaq Listing Rule 5635(c)(4). On June 21, 2024, LivePerson granted restricted stock units (RSUs) totaling 1,300,000 shares of common stock, including a significant grant of 1,000,000 shares to the Chief Revenue Officer. The RSUs have varying vesting schedules: three grants vest 50% annually over two years, while one grant vests 100% after one year. All grants are contingent on continued employment. The awards aim to attract and retain new hires.

LivePerson (Nasdaq: LPSN) has been recognized as a Strong Performer in the Q2 2024 Forrester Wave™: Digital Customer Interaction Solutions. This accolade identifies LivePerson as an ideal partner for traditional enterprises seeking scalable and reliable digital transformation solutions. The report evaluated 11 significant providers across 34 criteria, and LivePerson achieved the highest scores in 12 categories, including messaging engine, interaction quality, adaptive strategy, scalability, and compliance. CEO John Sabino highlighted LivePerson's ability to meet extensive enterprise messaging demands and its multiple recognitions from Forrester.

LivePerson (Nasdaq: LPSN) has been recognized as a Strong Performer in The Forrester Wave™: Conversational AI For Customer Service, Q2 2024 report. The evaluation involved 14 major providers, assessed on 23 criteria to guide customer experience leaders. LivePerson attained the highest scores in seven criteria: omnichannel capabilities, digital user experience, bot management, operational reports and dashboards, business insights, partner ecosystem, and number of customers. CEO John Sabino attributes this achievement to LivePerson's enterprise-grade AI, which powers digital conversations for top brands globally.

LivePerson (Nasdaq: LPSN) has been recognized as a Representative Vendor in the 2024 Gartner Market Guide for Conversational AI Solutions.

This recognition follows multiple mentions in Gartner research over the past year, including being named a Sample Vendor in the Gartner Hype Cycle for Customer Service and Support Technologies for three consecutive years, a Representative Vendor in the Gartner Market Guide for Digital Customer Service and Support for two years in a row, and in the 2023 Gartner Market Guide for Speech Analytics Platforms.

LivePerson is committed to enhancing both employee and customer experiences through its AI-enabled applications.

LivePerson (Nasdaq: LPSN), a leader in digital customer conversations, won the Best Customer Service Solution at the 2024 SIIA CODiE Awards. The CODiE Awards, now in their 39th year, honor the most innovative business technology products globally. The awards process includes rigorous reviews by expert judges and votes from the SIIA membership community. LivePerson's Conversational Cloud platform, built on years of experience and billions of real customer interactions, was recognized for its excellence in AI and digital engagement. CEO John Sabino highlighted the company's success in delivering measurable ROI from AI, emphasizing the importance of meaningful conversations in business.

LivePerson, a leader in digital customer conversations, has appointed Sandy Hogan as the new Chief Revenue Officer (CRO) effective June 6, 2024. Hogan, with decades of experience in technology and go-to-market leadership roles, will focus on accelerating growth, enhancing go-to-market strategies, and maximizing customer success. She previously led major transformations at SADA and VMWare. CEO John Sabino expressed confidence in Hogan's ability to drive significant value for LivePerson's enterprise customers through the award-winning Conversational Cloud platform. Hogan aims to leverage AI and interconnected technology to improve customer interactions and deliver meaningful business outcomes.

LivePerson (Nasdaq: LPSN), a leader in digital customer conversations, announced new AI capabilities, partnerships, and integrations. These innovations will be presented at the Spark virtual event on May 23, 2024. The new offerings include Conversation Orchestration and Voice-to-Digital solutions, integrating large language models and third-party bots to enhance customer experience. Partners like Delta Air Lines and Spotify will participate in in-person breakout sessions to showcase these advancements. A major partnership with Avaya aims to unify voice and digital channels, expanding access to customer brands and enhancing service delivery.