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Penny Stock DD

It took 10 years for shares of LivePerson (Nasdaq: LPSN) to break out of the single digits. It’s going to have to perform better than last night’s quarterly report if it wants to stay in the double digits.

The live chat specialist posted results and issued guidance that fell short of expectations on a few line items.

Revenue climbed 21% to $29.9 million, just shy of the $30.3 million that the pros were targeting. Adjusted earnings clocked in flat at $0.09 a share, but that was actually in line with Wall Street’s forecast.

Read the complete article here.

Happy trading,

Curt

More on this topic (What's this?) Read more on LivePerson, Hang Lung GRP at Wikinvest

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