Liveperson, inc. (LPSN)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

78,088

79,073

75,175

70,959

66,402

65,724

64,213

61,660

58,241

57,390

56,493

54,074

50,919

56,118

54,518

56,679

55,464

59,151

60,757

59,334

59,770

58,229

52,787

51,087

47,828

46,888

45,192

43,229

42,496

42,475

39,670

38,505

36,759

36,509

34,347

31,851

30,382

28,221

26,398

Costs and expenses
Cost of revenue

22,820

22,060

20,120

18,049

18,649

16,800

15,689

16,036

13,954

14,749

14,541

15,134

13,781

14,952

14,837

17,508

15,864

17,779

18,225

18,052

16,254

14,503

13,304

13,161

11,735

11,212

10,597

10,612

10,134

10,128

9,036

8,492

7,923

8,047

8,368

8,685

8,095

7,595

7,178

Sales and marketing

42,680

42,661

41,774

39,343

33,036

27,073

26,748

25,392

24,131

24,210

21,603

23,392

21,700

21,698

22,067

23,088

22,676

22,766

23,286

24,382

24,294

23,803

20,978

20,077

18,395

16,370

16,141

15,499

14,478

12,795

12,713

13,017

11,089

10,738

9,907

9,379

8,860

8,289

8,452

General and administrative

16,469

15,079

13,958

13,763

14,167

12,279

11,972

11,499

10,123

12,597

10,398

10,437

9,692

13,287

10,069

10,161

9,529

10,114

6,587

10,306

10,164

12,118

8,787

9,788

9,499

10,387

9,508

9,835

10,238

8,823

7,316

9,342

6,125

6,009

5,689

5,386

3,960

4,178

4,175

Product development

25,716

23,213

20,577

20,182

18,173

14,752

13,484

14,219

13,252

11,024

9,726

9,326

9,958

10,770

9,495

10,719

9,214

9,498

9,567

10,109

9,800

9,330

9,712

9,336

8,951

9,306

10,023

9,047

8,021

8,170

8,005

7,219

6,657

5,563

5,266

5,016

4,377

3,940

3,908

Restructuring costs

3,190

134

1,425

205

279

1,662

722

1,906

178

278

0

2,076

240

2,753

-384

0

0

-

0

3,000

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of purchased intangibles

405

448

447

438

461

398

424

424

424

428

470

470

472

931

1,013

1,017

924

1,189

1,193

1,178

1,313

818

407

206

190

199

224

224

224

119

11

11

77

76

11

11

11

83

83

Total costs and expenses

111,280

103,595

98,301

91,980

84,765

72,964

69,039

69,476

62,062

63,286

56,738

60,835

55,843

64,391

57,097

62,493

58,207

61,742

58,858

67,015

61,825

60,572

53,188

52,568

48,770

47,474

46,493

45,217

43,095

40,035

37,081

38,081

31,871

30,433

29,241

28,477

25,303

24,085

23,796

Loss from operations

-33,192

-24,522

-23,126

-21,021

-18,363

-7,240

-4,826

-7,816

-3,821

-5,896

-245

-6,761

-4,924

-8,273

-2,579

-5,814

-2,743

-2,591

1,899

-7,681

-2,055

-2,343

-401

-1,481

-942

-586

-1,301

-1,988

-599

2,440

2,589

424

4,888

6,076

5,106

3,374

5,079

4,136

2,602

Other (expense) income, net
Interest expense, net

-2,791

-

-

-

-667

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial income

-667

-

-

-

733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

206

-

-254

331

-132

-780

208

156

43

-41

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

-

21

16

15

18

16

14

30

30

Total other (expense) income, net

-3,458

-2,183

-1,810

-2,267

66

-418

-213

31

129

-276

191

-99

320

-395

-123

-646

634

169

-369

229

-231

-507

223

45

-83

74

209

20

34

221

41

-233

347

-117

-762

224

170

73

-11

Loss before provision for income taxes

-36,649

-26,705

-24,936

-23,288

-18,297

-7,658

-5,039

-7,785

-3,692

-6,172

-54

-6,860

-4,604

-8,668

-2,702

-6,460

-2,109

-2,422

1,530

-7,452

-2,286

-2,850

-178

-1,436

-1,025

-512

-1,092

-1,968

-565

2,661

2,630

191

5,235

5,959

4,344

3,598

5,249

4,209

2,591

Provision for income taxes

352

617

936

699

593

-1,193

2,004

536

-489

-2,500

1,256

673

1,072

897

3,177

1,306

554

18,535

-395

-2,098

-228

1,352

962

-224

-231

195

-362

-138

-333

1,169

1,030

51

2,112

2,083

1,609

1,402

2,018

1,444

975

Net Income (Loss) Attributable to Parent

-37,001

-27,322

-25,872

-23,987

-18,890

-6,465

-7,043

-8,321

-3,203

-3,672

-1,310

-7,533

-5,676

-9,565

-5,879

-7,766

-2,663

-20,957

1,925

-5,354

-2,058

-4,202

-1,140

-1,212

-794

-707

-730

-1,830

-232

1,492

1,600

140

3,123

3,876

2,735

2,196

3,231

2,765

1,616

Earnings Per Share [Abstract]
Basic net loss per common share (in dollars per share)

-0.57

-0.43

-0.41

-0.38

-0.31

-0.10

-0.12

-0.14

-0.06

-0.07

-0.02

-0.13

-0.10

-0.17

-0.10

-0.14

-0.05

-0.37

0.03

-0.09

-0.04

-0.08

-0.02

-0.02

-0.01

-0.02

-0.01

-0.03

0.00

0.03

0.03

0.00

0.06

0.07

0.05

0.04

0.06

0.05

0.03

Diluted net loss per common share (in dollars per share)

-0.57

-0.43

-0.41

-0.38

-0.31

-0.10

-0.12

-0.14

-0.06

-0.07

-0.02

-0.13

-0.10

-0.17

-0.10

-0.14

-0.05

-0.37

0.03

-0.09

-0.04

-0.08

-0.02

-0.02

-0.01

-0.02

-0.01

-0.03

0.00

0.03

0.03

0.00

0.06

0.07

0.05

0.04

0.06

0.05

0.03

Weighted-average shares used to compute net loss income per share:
Weighted average shares outstanding used in basic net loss per common share calculation (in shares)

64,388

63,584

63,014

62,350

61,422

60,841

60,014

58,648

57,309

56,977

56,524

55,954

55,975

55,855

56,047

55,965

56,386

56,500

56,525

56,491

56,291

55,190

53,868

54,189

54,666

54,184

54,046

54,806

55,864

55,892

55,688

55,146

54,419

53,563

53,109

52,735

52,080

50,976

50,921

Weighted average shares outstanding used in diluted net loss per common share calculation (in shares)

64,388

63,584

63,014

62,350

61,422

60,841

60,014

58,648

57,309

56,977

56,524

55,954

55,975

55,855

56,047

55,965

56,386

55,941

57,084

56,491

56,291

55,190

53,868

54,189

54,666

54,184

54,046

54,806

55,864

57,589

57,760

57,150

56,389

55,756

55,736

55,553

54,805

53,302

53,416

Additional Information on Operating Expenses
Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,026

2,319

3,021

2,887

3,112

2,794

2,748

3,654

3,207

2,697

-

3,798

2,901

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue
Stock-based compensation expense

1,249

2,307

763

528

620

392

220

230

154

148

108

117

75

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

2,373

2,368

2,208

1,954

2,027

2,050

1,934

1,931

1,916

1,800

1,715

1,870

1,765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of purchased intangibles

284

283

285

285

285

284

285

287

287

285

639

959

959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and marketing
Stock-based compensation expense

5,138

4,266

2,050

2,095

1,599

1,643

1,472

1,373

886

516

576

754

654

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

667

433

423

429

357

405

388

371

356

419

417

408

381

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative
Stock-based compensation expense

2,727

4,220

2,605

2,825

2,566

1,531

1,368

1,182

840

1,633

622

774

662

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

105

231

221

225

231

288

275

274

246

316

321

340

249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product development
Stock-based compensation expense

5,581

7,773

3,650

3,857

2,381

937

1,014

1,041

558

544

537

702

522

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

2,392

1,534

1,305

1,154

1,266

1,102

960

852

840

806

726

427

398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-