Q1 2020 LivePerson Inc Earnings Call Transcript
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So during this call, we will discuss certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures is included in today's earnings press release. Both this press release and supplemental slides, which include highlights for the quarter, are available in the Investor Relations section of LivePerson's website. With that, I will turn the call over to Rob.
Thanks, Matt, and thank you for joining LivePerson's Q1 2020 Earnings Call. LivePerson delivered strong first quarter results and will continue with strong results into Q2. Despite macro uncertainties that emerged starting in the first quarter, revenue was in the top half of our guidance range and increased 18% year-over-year to $78.1 million. Our adjusted EBITDA loss of $4.6 million was $2.8 million better than guidance, and LivePerson ended March with $171 million in cash, a decrease of only $5 million over the past quarter.
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