Successful Refinancing Agreement
LivePerson announced a refinancing agreement with 2026 noteholders, which extends debt maturities to 2029, delevers the balance sheet by $226 million, and shifts a greater proportion of enterprise value to equity holders.
Generative AI Suite Adoption
A 45% sequential increase in conversations powered by LivePerson's Generative AI Suite was observed, with over 17% of all conversations leveraging at least one AI feature.
Strategic Partnerships Expansion
LivePerson announced deepening relationships with Google Cloud and Databricks to enhance AI capabilities and optimize infrastructure, aiming to redefine enterprise customer experience.
Adjusted EBITDA Exceeds Guidance
Adjusted EBITDA came in at $2.9 million, exceeding the high end of the guidance range.
Positive Customer Outcomes
Notable customer success stories include a major media technology company achieving an 86% first contact resolution rate and a 97% routing accuracy by using AI solutions.