Why LivePerson Stock Soared Today

Evan Niu, CFA, The Motley Fool
·2-min read
Why LivePerson Stock Soared Today

Shares of LivePerson (NASDAQ: LPSN) have soared today, up by 15% as of 2:45 p.m. EST, after the company reported fourth-quarter earnings. Revenue in the fourth quarter increased 29% to $102.1 million, ahead of the consensus estimate of $99.2 million. The technology company, which specializes in conversational commerce software, said that it inked 128 new contracts during the quarter, including 10 deals worth over $1 million.