LPSN News & Events

SoundHound AI (SOUN) and LivePerson (LPSN) announced they have entered into a definitive agreement under which SoundHound will acquire LivePerson. The combination unifies SoundHound's voice and agentic AI platform with LivePerson's digital engagement capabilities. The acquisition will also deliver additional revenue and scale to SoundHound AI, enhancing the company's leadership position as a provider of voice and agentic AI to many of the world's premier enterprise businesses. SoundHound is acquiring LivePerson for an equity value of $43M, representing approximately a 22% premium over the corresponding 30-day volume-weighted average value. At closing, SoundHound expects to receive $74M of LivePerson's cash balance prior to repayment of the 2026 Convertible Senior Notes. After taking into account significant discounts on LivePerson's remaining debt, the transaction implies a total enterprise value of $250M.

Expects Q1 recurring revenue to represent 92% of total revenue. Expects 2026 adjusted EBITDA $2M-$5M, or a margin of 3.8%-9.1%.

Expects 2026 recurring revenue represent 92% of total revenue. Expects 2026adjusted EBITDA $(4M)-$7M, or a margin of (2.1)% to 3.4%.

Reports Q4 revenue $59.29M, consensus $52.54M. "Over the past year, we improved our balance sheet, optimized our cost structure, and successfully scaled and innovated on our platform," said John Sabino, CEO. "With Syntrix launched, our Google Cloud partnership scaling, and our platform modernization near completion, we are now executing from a stronger position, focused on accelerating innovation, expanding high-velocity partnerships, and returning to growth." "We are entering 2026 with a leaner cost base and improved balance sheet, providing a stronger foundation for commercial execution," said John Collins, CFO and COO. "Strong renewal performance in the quarter underscored customer confidence in the staying power of our platform, and we expect growing traction with partners like Google Cloud Marketplace to help maintain the momentum."