Shares of LiveRamp (RAMP) have gained 17.4% over the past four weeks to close the last trading session at $25.63, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $45.14 indicates a potential upside of 76.1%. The average comprises seven short-term price targets ranging from a low of $34 to a high of $56, with a standard deviation of $7.36. While the lowest estimate indicates an i ...

LiveRamp's Solution Improves Data Security and Accuracy for Cineverse's Advertisers and Will Be Available to All Matchpoint™ Customers LOS ANGELES, Sept. 4, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced the full integration of LiveRamp's Authenticated Traffic Solution. This cookieless infrastructure will be available to all current and future customers of Matchpoint™, Cineverse's proprietary complete OTT solution that enabl ...

LiveRamp (RAMP) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of ...

SAN FRANCISCO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- LiveRamp® (NYSE: RAMP), the leading data collaboration platform, today announced that its Board of Directors increased the Company's share repurchase authorization by $200 million to $1.3 billion and extended the expiration by two years to December 31, 2026. Fiscal year-to-date the Company has repurchased $35 million in stock, including $19 million repurchased during the ongoing fiscal second quarter through August 14, 2024. With this program expansion, the C ...

Financial Data and Key Metrics Changes - Q1 revenue reached $176 million, exceeding guidance by $4 million, with a 14% year-on-year increase [21][22] - Operating income was $27 million, $2 million above guidance, with an operating margin of 15%, up two points year-on-year [21][25] - Annual recurring revenue (ARR) grew by 12% year-on-year, totaling $478 million, with a quarter-on-quarter increase of $11 million [22][23] - Subscription net retention improved to 105%, a two-point increase sequentially [22][25] Business Line Data and Key Metrics Changes - Subscription revenue was $135 million, up 11%, with fixed subscription revenue growing by 12% and subscription usage revenue up by 1% [22][25] - Marketplace and other revenue increased by 28% to $41 million, driven by strong demand in digital advertising, particularly in CTV, which doubled year-on-year [22][24] Market Data and Key Metrics Changes - The digital advertising market showed strength in Q1, benefiting the company's marketplace performance [36] - Data marketplace revenue, which accounted for 78% of marketplace revenue, grew by 23% [24][36] Company Strategy and Development Direction - The company aims to be a "Rule of 40" company, targeting sustainable revenue growth of 10% to 15% [4][19] - Focus on data collaboration opportunities, emphasizing ease of use and building a robust collaboration network [12][20] - Integration of Habu is progressing well, contributing approximately $3 million in revenue [22][39] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic uncertainties affecting customer behavior and sales cycles, leading to cautious spending [5][24][50] - Despite the uncertain environment, the company remains optimistic about long-term growth driven by megatrends in data collaboration and personalized marketing [10][20] Other Important Information - Operating cash flow was negative $9 million due to seasonal working capital movements, expected to normalize over the year [25] - The company repurchased $16 million of stock in Q1, with approximately $142 million remaining under the current authorization [26] Q&A Session Summary Question: What needs to happen for advertisers to better understand and adopt RampID and ATS? - Management noted the need to evangelize the benefits of these technologies, especially in a challenging economic environment [33][34] Question: Can you provide an update on the integration of Habu? - Integration is progressing smoothly, with a robust pipeline and consistent bookings expected [38][39] Question: How does the new cookie deprecation discussion affect clients on the fence? - Clients are not overly concerned, as they believe the market will still move towards authenticated solutions due to economic pressures [58][60] Question: What is the outlook for the marketplace related to Oracle? - The company expects a net positive impact from Oracle, with incremental data marketplace gains anticipated to outweigh subscription revenue [54][56]

LiveRamp (RAMP) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 12.90%. A quarter ago, it was expected that this dataservices company would post earnings of $0.23 per share when it actually produced earnings of $0.25, delivering a surprise of 8.70%. Over the last four quarters, the co ...

To automatically receive LiveRamp financial news by email, please visit the company's Investor Relations website and subscribe to email alerts. For more information, contact: Drew Borst LiveRamp Investor Relations Investor.Relations@LiveRamp.com SAN FRANCISCO, July 24, 2024 (GLOBE NEWSWIRE) -- LiveRamp® (NYSE: RAMP), the leading global data collaboration platform, today announced that its fiscal 2025 first quarter financial results will be released on Wednesday, August 7, 2024 after the financial markets cl ...

Quarter Ended Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Revenues 148.6 154.1 159.9 173.9 171.9 Cost Of Revenues 43.5 45.6 41.2 44.9 47.7 LiveRamp Holdings, Inc. operates as a premier data collaboration program, which allows firms to develop and use data in a secure way to change the overall customer experience and generate opportunities for effective business growth. The products offered by the company are the hub in the digital advertising ecosystem that would be possible only through data-driven market ...

Here's one thing that could be holding shares back from more gains. Shares of advertising technology company LiveRamp Holdings (RAMP 8.84%) jumped higher on Thursday after the company reported financial results for its fiscal fourth quarter of 2024. As of 11 a.m. ET today, LiveRamp stock was up almost 11%. Another good quarter for LiveRamp Without getting into the nitty gritty, LiveRamp's platform provides data for advertisers that's important as digital advertising transitions away from third-party identif ...

LiveRamp Holdings, Inc. (NYSE:RAMP) Q4 2024 Earnings Conference Call May 22, 2024 4:30 PM ET Company Participants Drew Borst - VP of IR Scott Howe - CEO Lauren Dillard - CFO Conference Call Participants Shyam Patil - Susquehanna Jason Kreyer - Craig-Hallum Capital Group Elizabeth Porter - Morgan Stanley Mark Zgutowicz - Benchmark Peter Burkly - Evercore ISI Brian Fitzgerald - Wells Fargo Operator Good afternoon ladies and gentlemen, and welcome to LiveRamp's Fiscal 2024 Fourth Quarter Earnings Call. [Operat ...