LivePerson surges AH on Q3 beat

|By:, SA News Editor

LivePerson (LPSN) shares surge 9.2% AH after the company beat expectations in Q3.

Opex grew 25.4% Y/Y to $46.5M, outpacing revenue growth of 13.9% to $45.2M, as Sales & Marketing expense ballooned 27% to $16.1M.

The company inked 163 deals in Q3, adding 55 new enterprise and midmarket customers.

Management guides for Q4 revenue of $46M-$47M (vs. consensus of $47.1M), EBITDA of $0.09-$0.11, and EPS of $0.04-$0.06 ($0.06).

PR, Conference call at 5pm ET