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Monica L. Greenberg, Executive Vice President and General Counsel at LivePerson Inc. (NASDAQ:LPSN), recently sold 1,143 shares of the company’s common stock. The transaction, which took place on April 11, 2025, was executed at a price of $0.698 per share, totaling approximately $797. The sale comes as LivePerson faces significant challenges, with InvestingPro data showing the company’s revenue declined by 22% in the last twelve months to $312.5 million. This sale was carried out automatically by the issuer to cover the tax liability incurred by Greenberg in connection with the vesting of her restricted stock units.
Following this transaction, Greenberg holds 567,560 shares directly, which includes 439,216 unvested restricted stock units. LivePerson Inc., a company specializing in prepackaged software services, is headquartered in New York.
In other recent news, LivePerson Inc. reported its fourth-quarter 2024 earnings, showing a mixed performance. The company exceeded revenue expectations with $73.2 million, surpassing the forecasted $68.32 million. However, it significantly missed on earnings per share (EPS), posting -$1.27 against the anticipated -$0.05. Despite the revenue achievement, the financial market reacted negatively, reflecting concerns over the EPS miss. For 2025, LivePerson projects a revenue decline through most of the year but expects positive net annual recurring revenue in the latter half. Additionally, the company launched several AI innovations and increased its customer base using generative AI. Analysts from firms such as Craig Hallum Capital Group have been inquiring about LivePerson’s partner strategies and expansion plans, indicating interest in the company’s strategic direction. The company has also expressed a commitment to improving its business performance in 2025, as stated by its CFO and COO, John Collins.
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