Red ink remains a problem, with LivePerson checking in with its ninth consecutive quarterly loss on a reported basis. LivePerson has no cubicles, private offices, or “stale conference rooms,” according to its website. As long as that trend continues, LivePerson could continue to make progress. We’re single player. And I said, so anybody wants to make a multiplayer game can come on our platform and just use it. Please note, that during today’s call, we will make forward-looking statements which are predictions, projections and other statements on our future results. These statements are based on our current expectations and assumptions as of today, August 3, 2021 and are subject to risks and uncertainties. The California Consumer Privacy Act (with any implementing regulations and as may be amended from time to time, “CCPA”) imposes certain obligations on “Businesses” that are subject to it and grants certain rights to California residents with regard to your personal data.
Finally, shares of Chefs’ Warehouse finished higher by more than 13%. The specialty high-end food distributor overcame difficult conditions due to wildfires in the key California region to produce sales and earnings growth, as a combination of strategic acquisitions and organic sales gains helped power the company higher. I just wanted to dig in on the cost savings initiative that’s going on this year a little bit more. Investors have been warming up to LivePerson stock over the past year. Another vertical we’re seeing tremendous opportunity in has a first — and we have a first-mover advantage in, is the blockchain and crypto space. 5 years ago, we made a big bet to go after this space, and our first-mover advantage puts us in a unique position to drive even greater growth. By working with us on voice as well as messaging, this brand is aiming to drive consumers to automated messaging interactions to increase self-service and improve response times. Part of that investment is bringing on leaders that can drive the next phase of our growth.
0.17 per share on a GAAP basis, in part due to charges related to litigation fees, a one-time CEO compensation payment, and severance. 0.06 a share. The company did break even on an adjusted basis, in line with the guidance it offered up three months ago. In 2022, data lakes will finally modernize through end-to-end data pipelines because of three inflection points: centralized infrastructure, the agility of Kubernetes-based applications, and best-in-class, fit-to-task storage. My name is Victor and I will be your operator today. If it isn’t displayed, select it from the Org Name dropdown list. Thanks for listening and we’ll see you next week! Matt, as always, I appreciate you taking the time to jump in with us this week. Moser: All righty. As always, people on the program may have interest in the stocks they talk about, and The Motley Fool may have formal recommendations for or against, so don’t buy or sell stocks based solely on what you hear. Upcoming data privacy laws such as GDPR may throw some wrinkles into the process, but the marketers I talked to see a future powered by AI. They are using our platform for both care and commerce, and we see this is a great long-term relationship with the potential to expand in the near future.
When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors. We were able to move very quickly because 80% of this new offering was built using the power of our core platforms. Yet the company announced the acquisition of leading industry services provider Ivie & Associates, and Quad/Graphics hopes that the strategic move will accelerate its transition toward what it’s calling its Quad 3.0 transformation. Good news from several individual companies, however, helped their stocks buck the downtrend, and LivePerson (LPSN -0.82%), Quad/Graphics (QUAD 1.18%), and Chefs’ Warehouse (CHEF 0.65%) were among the best performers on the day. In a recent Health Tech Report, Deloitte noted that in 2020, over $14 billion of venture funding was invested in health tech companies, and more than $6 billion went into digital solutions for data and platform innovators or remote monitoring solutions with AI or machine learning capabilities, seen as table stakes. The BELLA Health platform will also be used to deliver other testing solutions for things like flu, Strep, HIV as we’re partnering with a few global medical diagnostic companies on the next phase of other testing solutions.