GuruFocus Premium Membership

Professional Value Investing Tools at Affordable Prices

Try It 100% for 7 Days!

Baron Funds Comments on LivePerson Inc.

August 09, 2013 | About:
LivePerson, Inc. (NASDAQ:LPSN) provides online engagement solutions (e.g., chat, marketing campaigns) and analytics. LivePerson's stock pulled back following first quarter results that missed management's expectations due to several enterprise customers cancelling the service. While we had been patient with the company's challenging transition from single product (chat) company to an engagement platform provider, we decided to exit our position as the large customer cancellations were inconsistent with our investment thesis. (Gilad Shany)

From Baron Funds second quarter 2013 commentary.

Rating: 3.0/5 (3 votes)


Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership