LivePerson Drops Most Since March on Second-Quarter Outlook
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 firstname.lastname@example.org
To contact the editor responsible for this story: Claudia Maedler at email@example.com