11/19

[REDDIT] LPSN Investors Skeptical of Management's Rosy Outlook, Debate Future Profitability

LivePerson, Inc. (LPSN) shares are up 1.34% to $0.8008 as of 10:32 AM on Tuesday, November 19, 2024, following the company's recent earnings call. The company's management provided guidance on future bookings trends, sparking discussions among investors on Reddit. One user commented on the earnings call statement, saying, "It's not reflecting in the share price so it sounds like the equivalent of we expect to secure sunshine and rainbows in the fourth quarter and early indications suggest the sunshine and rainbows will continue through the first quarter of 2025." Another user expressed skepticism, noting, "'suggest' lol. Nothing said points towards any concrete positivity. Just speculation." Some investors are trying to interpret the implications of the guidance, with one explaining, "My understanding is that LPSN had got rid of a lot of contracts that were unprofitable for the company. This meant that revenue was down YOY. Part of the turnaround was to get more profitable contracts. The more 8 figure bookings the quicker we get to profitability." However, a more cautious voice warned, "It means they want you to hold the stock and not sell. Don't let their future promises create FOMO."