LivePerson Q1 FY26 revenue drops 12% to $57 million

• LivePerson posted revenue of USD 57.0 million, down 12% for three months ended March 31, 2026.
• Cash and cash equivalents rose to about USD 101.5 million as of March 31, 2026, up USD 6.5 million from Dec. 31, 2025.
• Net cash provided by operating activities improved to USD 9.5 million, compared with net cash used in operating activities of USD 3.1 million a year earlier.
• Management flagged slower-than-anticipated renewals and new business bookings, citing customer uncertainty about financial stability and longer enterprise buying cycles for high-value AI solutions.
• Company entered a Merger Agreement on April 21, 2026 under which SoundHound AI’s Lightspeed Merger Sub would merge into LivePerson, leaving LivePerson as an indirect wholly owned subsidiary of SoundHound.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LivePerson Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001102993-26-000025), on May 08, 2026, and is solely responsible for the information contained therein.