NEW YORK (AP) — NEW YORK (AP) — LivePerson Inc. (LPSN) on Wednesday reported a loss of $40.5 million in its fourth quarter.
The New York-based company said it had a loss of 48 cents per share. Losses, adjusted for stock option expense and restructuring costs, came to 18 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The customer-service technology company posted revenue of $95.5 million in the period, which met Street forecasts.
For the year, the company reported a loss of $100.4 million, or $1.28 per share. Revenue was reported as $402 million.
For the current quarter ending in March, LivePerson said it expects revenue in the range of $79 million to $83 million.
The company expects full-year revenue in the range of $300 million to $315 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LPSN at https://www.zacks.com/ap/LPSN