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25.02.2019 14:30:00

LivePerson Breaks Through the 14% Growth Ceiling

Shares of LivePerson (NASDAQ: LPSN) hit all-time highs on Friday after another well-received financial update. The provider of high-tech customer support solutions announced its fourth-quarter results shortly after Thursday's market close. Revenue rose 15% during the final three months of last year, clocking in at a record $65.7 million. It's a pretty big deal, as revenue jumped 14% in each of the previous three quarterly reports. If you're going to break out of a tradition, it's always better to break to the upside. LivePerson's guidance back in November was calling for an 11% to 15% year-over-year uptick in revenue for the fourth quarter. If you're going to land within your target range, it's naturally always better to land right at the top.Image source: LivePerson.Continue reading
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