Business
LiveWorld Reports Fourth Quarter Financial Results
LiveWorld Reports Fourth Quarter Financial Results.
About this update from Liveworld, Inc.
[{"type":"text","content":"\n \n LiveWorld, Inc. (OTC Markets: LVWD), today announced financial results \n for the year-end 2017. The Company’s revenues for the twelve months \n ended December 31, 2017 were approximately $9.9 million, as compared to \n the $9.7 million for the twelve months ended December 31, 2016.\n \n \n The Company had a net loss for the twelve months ended December 31, 2017 \n of approximately $1.3 million, or 13% of total revenues, as compared to \n the net loss of approximately $1.3 million, or 14% of total revenues for \n the twelve months ended December 31, 2016.\n \n \n The Company finished the fourth quarter with approximately $2.3 million \n in cash and cash equivalents, as compared to the approximately $2.6 \n million at the end of 2016.\n \n \n “In 2017 we made concerted efforts to expand our footprint in the \n healthcare markets,” said David Houston, Chief Financial Officer of \n LiveWorld. “We saw our new revenue in healthcare grow by approximately \n 24% in the year. This growth came from new and existing relationships in \n pharma, as well as, new client relationships with insurance providers \n and hospitals.”\n \n \n Detailed financial information may be downloaded at www.liveworld.com/ir \n (LiveWorld’s Investor Relations page) or at www.otcmarkets.com.\n \n \n About LiveWorld\n \n \n At LiveWorld, we provide conversation management software, consulting, \n and online agent workforce services. These empower companies to manage \n conversations in messaging apps and social media to develop deeper \n relationships with customers. We specialize in handling the speed and \n scale requirements of brands to engage customers 1-on-1 in real-time and \n deliver personalized interactions with a human touch. Our \n conversation-centric software is designed to track and manage dialogue, \n engage customers, and integrate chatbots and human agents with \n enterprise systems. Companies are able to quickly solve the scale, \n security, automation, and multi-social channel challenges associated \n with marketing and customer service programs. LiveWorld services include \n strategy, campaign management, content moderation, engagement, customer \n service, and social analytics. Our team of marketing strategists, \n conversation specialists, chatbot experts, social data analysts, online \n a...