Technology Blog

NEW YORK, Aug. 4 /PRNewswire-FirstCall/ -- LivePerson, Inc. (Nasdaq: LPSN), a leading provider of online engagement solutions that facilitate real-time assistance and expert advice, today announced financial results for the second quarter ended June 30, 2010. Earlier today, the company also announced the expansion of its management team with several new hires who will focus primarily on key strategic initiatives. Revenue Revenue for the second quarter was $26.4 million, a 29% increase from the second quarter of 2009, and a 4% sequential increase as compared to the first quarter of 2010. Revenue from business operations for the second quarter was $23.0 million, a 30% increase as compared to the second quarter of 2010 and a 5% increase as compared to the first quarter of 2010. Revenue from consumer operations for the second quarter was $3.4 million, a 19% increase as compared to the second quarter of 2009, and a 1% decrease as compared to the first quarter of 2010. "We had a very busy second quarter with solid