LivePerson Drops Most Since March on Second-Quarter Outlook

LivePerson Inc. (LPSN) slid the most since the shares listed in Tel Aviv in March after the customer- service software maker issued a second-quarter outlook that was below analysts’ expectations.

The shares tumbled as much as 10 percent to 41.05 shekels. They were down 5.8 percent at 10:45 a.m. in Tel Aviv

Second-quarter revenue will be $31.3 million to $31.8 million and adjusted earnings per share will be 6 cents to 8 cents, the company said yesterday in a PR Newswire statement. Revenue was expected to reach $32 million and earnings 8 cents a share, according to the median estimates of seven analysts on Bloomberg.

To contact the reporter on this story: Susan Lerner in Jerusalem at

To contact the editor responsible for this story: Claudia Maedler at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.