LivePerson Inc. (LPSN) reported first quarter adjusted net income of $0.06 per share after the close Wednesday, down from $0.09 per share last year. The consensus estimate was for EPS of $0.07. The company expects to report second quarter adjusted EPS of $0.03 to $0.05 and between $0.18 and $0.21 for the full year 2013. The consensus estimates are for EPS of $0.07 and $0.32.
LivePerson gapped open sharply lower Thursday and declined during the first half hour of trade, before settling into a range. The stock closed down by 4.63 at $8.12 on the highest volume of the year. LivePerson plunged to a new low for the year.
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