LivePerson Q1 2016 revenue up 7% YoY

LivePerson, Inc. (NASDAQ: LPSN) total revenue was USD55.5 million for the first quarter of 2016, a decrease of seven percent as compared to the same period last year, the company said.

Within total revenue, business operations revenue for the first quarter of 2016 was USD51.7 million, a decrease of 8 percent. Revenue from consumer operations was USD3.8 million, an increase of 2 percent.

LivePerson signed a total of 84 deals in the quarter, which includes the addition of 20 new customers. Trailing-twelve-months average revenue per enterprise and mid-market customer reached USD200,000 for the first time in the first quarter of 2016, up from the USD170,000 calculated for the comparable period ended in the first quarter of 2015. These figures are pro forma to exclude contributions from a previously disclosed customer contract that ended.

LivePerson provides mobile and online messaging, enabling a meaningful connection between brands and consumers.