Sales Y/Y of LivePerson, Inc.
The annual revenue growth is calculated as is an arithmetic mean of a series of growth rates. For this specific metric the calculation takes into account a series of the last three annual growth rates. The average annual revenue growth is useful for determining trends but it can be misleading since only the differences between years are compared and not the starting and ending point (which can happen to be identical). As a result, compounded annual growth rate can be used for evaluating changing financial metrics.
Sales Y/Y of companies in the Technology sector on NASDAQ compared to LivePerson, Inc.
About LivePerson, Inc.
LivePerson, Inc. provides mobile and online business messaging solutions that power digital communication between brands and consumers. It operates in two segments, Business and Consumer. The Business segment facilitates real-time online interactions, such as chat, voice, and content delivery across multiple channels and screens for corporations of various sizes. The Consumer segment facilitates online transactions between independent service providers and individual consumers seeking information and knowledge via mobile and online messaging. The company offers LiveEngage, an enterprise-class and cloud-based platform, which enables businesses to create a connection with consumers by offering messaging as a preferred channel of communication. It also provides professional services and value-added business consulting services. The company sells its products through direct and indirect sales channels to Fortune 500 companies, Internet businesses, online merchants, small to medium-sized businesses, automotive dealers, universities, libraries, government agencies, and not-for-profit organizations. It operates in the United States, Canada, Latin America, South America, Europe, the Middle East, Africa, and Asia-Pacific regions. LivePerson, Inc. was founded in 1995 and is headquartered in New York, New York.
- LivePerson, Inc., 475 Tenth Avenue, New York 10018, United States