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LiveRamp to Present at the Morgan Stanley Technology, Media & Telecom Conference
Globenewswire· 2025-02-19 21:05
Group 1 - LiveRamp's CEO Scott Howe and CFO Lauren Dillard will present at the Morgan Stanley Technology, Media & Telecom Conference on March 5th, 2025 [1] - The presentation will be available via a live webcast and replay on LiveRamp's investor relations website [1] Group 2 - LiveRamp is recognized as a leading data collaboration platform, serving innovative companies globally [2] - The company specializes in enterprise identity, providing a connected customer view while ensuring brand and consumer trust [2] - LiveRamp supports various data collaboration use cases across organizations, brands, and a global network of partners [2] - The platform is utilized by major sectors including consumer brands, tech platforms, retailers, financial services, and healthcare to enhance customer engagement and comply with evolving privacy requirements [2]
All You Need to Know About LiveRamp (RAMP) Rating Upgrade to Strong Buy
ZACKS· 2025-02-14 18:06
Core Viewpoint - LiveRamp (RAMP) has received an upgrade to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Rising earnings estimates for LiveRamp indicate an improvement in the company's underlying business, suggesting that investors may respond positively by driving the stock price higher [5][10]. Earnings Estimate Revisions for LiveRamp - For the fiscal year ending March 2025, LiveRamp is expected to earn $1.72 per share, reflecting an 18.6% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for LiveRamp has increased by 29.7%, indicating a positive trend in earnings expectations [8]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, highlighting their superior earnings estimate revision characteristics [9][10].
Skechers Posts Downbeat Results, Joins e.l.f. Beauty, LiveRamp And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Benzinga· 2025-02-07 13:37
Summary of Key Points Core Viewpoint - Skechers U.S.A., Inc. reported disappointing fourth-quarter financial results, leading to a significant drop in its stock price during pre-market trading. The company's guidance for the first quarter also fell below analyst expectations [1][2]. Financial Performance - Skechers reported quarterly earnings of 65 cents per share, missing the analyst consensus estimate of 74 cents per share [2]. - The company reported quarterly sales of $2.21 billion, which also fell short of the analyst consensus estimate of $2.22 billion [2]. - As a result of these results, Skechers shares dipped 12.1% to $66.49 in pre-market trading [2]. Other Companies' Performance - BILL Holdings, Inc. saw its shares fall 28.4% to $68.89 after issuing third-quarter total revenue guidance below estimates [3]. - e.l.f. Beauty, Inc. shares tumbled 25.2% to $66.17 following FY25 guidance that was below estimates [3]. - Cyngn Inc. experienced a 22% drop to $0.0660 in pre-market trading [3]. - LiveRamp Holdings, Inc. declined 15.4% to $30.01 after posting third-quarter results [3]. - Concentra Group Holdings Parent, Inc. shares dipped 11.7% to $20.51 ahead of its fourth-quarter financial results release [3]. - CVRx, Inc. fell 8.1% to $13.52 after reporting mixed fourth-quarter financial results [3]. - Microchip Technology Incorporated saw a 6.6% decline to $49.60 due to weaker-than-expected third-quarter results and weak fourth-quarter earnings guidance [3]. - Illumina, Inc. declined 4.6% to $117.20 following its fourth-quarter results [3].
LiveRamp (RAMP) - 2025 Q3 - Earnings Call Transcript
2025-02-05 23:47
Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $195 million, exceeding guidance by $4 million, representing a 12% year-over-year increase [35][36] - Operating income increased by 24% to $45 million, with an operating margin expanding by 2 points to a record high of 23% [10][35] - Free cash flow for the fiscal year-to-date reached $91 million, a 20% increase year-over-year [10] Business Line Data and Key Metrics Changes - Subscription revenue was $146 million, up 10%, with fixed subscription revenue also increasing by 10% [36] - Subscription usage revenue grew by 9%, slightly above expectations [36] - Annual Recurring Revenue (ARR) grew by 10% year-over-year, reaching $491 million [22][36] Market Data and Key Metrics Changes - Data marketplace revenue increased by 20% to $50 million, with CTV accounting for approximately 20% of this revenue [39] - Contracted backlog (Total RPO) rose by 6% to $579 million, with current RPO up 13% to $434 million [37][38] Company Strategy and Development Direction - The company is focused on enhancing its data collaboration platform to meet the growing demand for measurable marketing outcomes [9][14] - Strategic adjustments made to product and go-to-market strategies are yielding positive results, with improved sales momentum and pipeline conversion rates [11][31] - The company aims to achieve or surpass the Rule of 30 with projected revenue growth of 12% to 13% and an 18% operating margin for FY 2025 [26][47] Management's Comments on Operating Environment and Future Outlook - Management noted an improvement in the IT spending environment and a growing recognition of the importance of data collaboration for measuring advertising outcomes [12][31] - The sales pipeline remains robust, and the company is optimistic about sustaining recent momentum [52][72] - Future growth opportunities are anticipated in the areas of AI and data collaboration, with a focus on integrating more AI capabilities into their offerings [120][126] Other Important Information - The company plans to host its annual customer and partner conference, RampUp, at the end of February, which is expected to engage over 3,000 attendees [25] - Stock-based compensation increased to $27 million, reflecting the impact of the Habu acquisition [42] Q&A Session Summary Question: Can you provide additional color on the drivers of improved sales momentum? - Management attributed improved sales momentum to experienced salespeople, network scale, and an improved pipeline conversion rate following a more favorable economic environment [60][62] Question: Was there any impact from Oracle on the Data Marketplace? - Management estimated that Oracle contributed a few points of growth to the Data Marketplace in Q3, with expectations for continued impact moving forward [70][71] Question: How do you view the sales momentum and its potential impact on future growth? - Management expressed confidence that the current sales momentum is durable, with expectations for stronger growth in the back half of FY 2026 [80][84] Question: What are the expectations for customer count and $1 million-plus customer count? - Management noted some pressure on total customer count due to market consolidation but expects stabilization moving forward, with a positive trend in $1 million-plus customers anticipated in the next quarter [96][99] Question: What enhancements are planned for product usability? - Management highlighted ongoing improvements in usability, measurement capabilities, and increased integrations as key areas of focus for product enhancements [105][110]
LiveRamp (RAMP) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2025-02-05 23:35
LiveRamp (RAMP) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.02%. A quarter ago, it was expected that this data-services company would post earnings of $0.38 per share when it actually produced earnings of $0.51, delivering a surprise of 34.21%.Over the last four quarters, the c ...
LiveRamp (RAMP) - 2025 Q3 - Quarterly Report
2025-02-05 22:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ----- to ----- Yes [ ] No ☒ The number of shares of common stock, $ 0.10 par value per share, outstanding as of January 31, 2025 was 65,760,690. 1 LIVERAMP ...
LiveRamp (RAMP) - 2025 Q3 - Earnings Call Presentation
2025-02-05 21:35
Q3 FY25 Earnings Slides February 5, 2025 Cautionary Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, regarding LiveRamp's (the "Company") future business prospects. These statements involve risks and uncertainties that could cause the Company's actual results to differ materially, including, but not limited to competiti ...
LiveRamp (RAMP) - 2025 Q3 - Quarterly Results
2025-02-05 21:08
[Executive Summary](index=1&type=section&id=Executive%20Summary) [Q3 FY25 Financial Highlights](index=1&type=section&id=Q3%20FY25%20Financial%20Highlights) LiveRamp reported strong Q3 FY25 results, achieving double-digit revenue growth, a significant increase in non-GAAP operating income, and improved operating cash flow year-to-date Q3 FY25 Financial Highlights (in millions, except EPS) | Metric | Q3 FY25 (GAAP) | YoY Change | Q3 FY25 (Non-GAAP) | YoY Change | | :----------------------- | :------------- | :--------- | :----------------- | :--------- | | Total Revenue | $195 million | +12% | - | - | | Subscription Revenue | $146 million | +10% | - | - | | Marketplace & Other Revenue | $50 million | +20% | - | - | | Gross Profit | $140 million | +9% | $146 million | +11% | | Gross Margin | 72% | -2 pts | 74% | -1 pt | | Operating Income | $15 million | In-line | $45 million | +24% | | Operating Margin | 8% | -1 pt | 23% | +2 pts | | Diluted EPS | $0.17 | - | $0.55 | - | | Net Cash from Operations | $45 million | Up from $17M | - | - | - CEO Scott Howe highlighted improved sales momentum, attributing it to the resonance of their Data Collaboration Platform and clean room solution with customers, confirming substantial market demand for efficient first-party data utilization in digital advertising[4](index=4&type=chunk) [Financial Performance (GAAP & Non-GAAP)](index=1&type=section&id=Financial%20Performance%20(GAAP%20%26%20Non-GAAP)) [Q3 FY25 Consolidated Financial Results](index=1&type=section&id=Q3%20FY25%20Consolidated%20Financial%20Results) LiveRamp's Q3 FY25 results show robust revenue growth across all segments, with total revenue up 12% YoY, while non-GAAP operating income significantly outperformed GAAP, demonstrating strong operational efficiency Q3 FY25 Consolidated Financial Results (in millions, except EPS) | Metric | Q3 FY25 (GAAP) | Q3 FY24 (GAAP) | YoY Change % | Q3 FY25 (Non-GAAP) | Q3 FY24 (Non-GAAP) | YoY Change % | | :----------------------- | :------------- | :------------- | :----------- | :----------------- | :----------------- | :----------- | | Subscription revenue | $146 | $132 | 10% | — | — | — | | Marketplace & Other revenue | $50 | $42 | 20% | — | — | — | | Total revenue | $195 | $174 | 12% | — | — | — | | Gross profit | $140 | $129 | 9% | $146 | $131 | 11% | | % Gross margin | 72% | 74% | -2 pts | 74% | 75% | -1 pt | | Operating income | $15 | $15 | 0% | $45 | $36 | 24% | | % Operating margin | 8% | 9% | -1 pt | 23% | 21% | 2 pts | | Net earnings | $11 | $14 | -21.4% | $37 | $32 | 15.6% | | Diluted earnings per share | $0.17 | $0.21 | -19.0% | $0.55 | $0.47 | 17.0% | | Operating cash flow | $45 | $17 | 164.7% | — | — | — | | Free cash flow | — | — | — | $45 | $14 | 221.4% | [GAAP and Non-GAAP Reconciliation Overview](index=2&type=section&id=GAAP%20and%20Non-GAAP%20Reconciliation%20Overview) The report highlights the use of non-GAAP measures to provide a clearer view of the company's operational performance by excluding certain non-cash and non-recurring items - A reconciliation between GAAP and non-GAAP results is provided in the schedules within the press release to offer a comprehensive financial picture[3](index=3&type=chunk)[6](index=6&type=chunk) [Business Highlights & Metrics](index=3&type=section&id=Business%20Highlights%20%26%20Metrics) [Product & Partnership Developments](index=3&type=section&id=Product%20%26%20Partnership%20Developments) LiveRamp expanded its data collaboration platform with new Quick Start Insights for media intelligence and launched the industry's first casino media network in partnership with Mohegan - Expanded Quick Start Insights on the data collaboration platform to offer media intelligence across premium publishers, providing customers with faster access to media performance metrics like audience overlaps, optimal frequency, and last-touch attribution[9](index=9&type=chunk) - Partnered with Mohegan to launch the industry's first casino media network, allowing brands to access Mohegan's first-party insights to reach guests and players and measure campaigns across digital and on-premise experiences[9](index=9&type=chunk) [Customer & Subscription Metrics](index=3&type=section&id=Customer%20%26%20Subscription%20Metrics) LiveRamp demonstrated growth in high-value customers and key subscription metrics, with a notable increase in customers generating over $1 million in annualized subscription revenue Customer & Subscription Metrics | Metric | Q3 FY25 | Q3 FY24 | YoY Change | | :------------------------------------------------ | :------ | :------ | :--------- | | Customers with >$1M Annualized Subscription Revenue | 125 | 105 | +19.0% | | Direct Subscription Customers | 865 | 895 | -3.4% | | Subscription Net Retention | 108% | - | - | | Platform Net Retention | 111% | - | - | | Annual Recurring Revenue (ARR) | $491M | - | +10% | | Current Remaining Performance Obligations (CRPO) | $434M | - | +13% | [Financial Outlook](index=4&type=section&id=Financial%20Outlook) [Q4 FY25 Guidance](index=4&type=section&id=Q4%20FY25%20Guidance) For the fourth quarter of fiscal 2025, LiveRamp anticipates continued revenue growth and expects to achieve non-GAAP operating income, while projecting a GAAP operating loss Q4 FY25 Guidance (in millions) | Metric | Q4 FY25 Guidance | | :---------------------- | :--------------- | | Revenue | $184M - $186M | | Revenue Growth | 7% - 8% | | GAAP Operating Loss | $8M | | Non-GAAP Operating Income | $22M | [Full Fiscal Year 2025 Guidance](index=4&type=section&id=Full%20Fiscal%20Year%202025%20Guidance) LiveRamp has increased its full fiscal year 2025 guidance, projecting strong double-digit revenue growth and substantial non-GAAP operating income, alongside a positive GAAP operating income Full Fiscal Year 2025 Guidance (in millions) | Metric | FY25 Guidance (Increased) | | :---------------------- | :------------------------ | | Revenue | $741M - $743M | | Revenue Growth | 12% - 13% | | GAAP Operating Income | $10M | | Non-GAAP Operating Income | $135M | [Company Information & Disclosures](index=4&type=section&id=Company%20Information%20%26%20Disclosures) [About LiveRamp](index=4&type=section&id=About%20LiveRamp) LiveRamp is a global technology company specializing in data collaboration platforms, helping companies build brand and business value by responsibly connecting customer data while maintaining trust and privacy - LiveRamp is a global technology company focused on data collaboration, enabling businesses to build brand value and deepen customer engagement through responsible data use[12](index=12&type=chunk) - The company provides foundational identity solutions for a connected customer view, supporting diverse data collaboration use cases across organizations and with partners, while adhering to evolving compliance and privacy requirements[12](index=12&type=chunk) [Forward-Looking Statements & Risk Factors](index=5&type=section&id=Forward-Looking%20Statements%20%26%20Risk%20Factors) This section outlines that the press release contains forward-looking statements subject to various factors and uncertainties that could cause actual results to differ materially from expectations - Forward-looking statements are subject to risks including high interest rates, inflation, geopolitical circumstances, dependence on customer renewals and partners, competition, rapidly changing technology, integration of acquired businesses, and talent retention[16](index=16&type=chunk) - Additional risks encompass maintaining company culture in a hybrid work environment, international operational challenges, data security breaches, unfavorable publicity, service interruptions from vendors, restrictions on data usage due to cookie/tracking technology changes, and evolving judicial, legislative, regulatory, and tax environments[16](index=16&type=chunk) [Investor Relations](index=6&type=section&id=Investor%20Relations) Information for investors to receive financial news and contact investor relations is provided, along with trademark acknowledgments - Investors can subscribe to email alerts for financial news at LiveRamp.com and contact Investor Relations via Investor.Relations@LiveRamp.com[21](index=21&type=chunk) [Condensed Consolidated Financial Statements (GAAP)](index=7&type=section&id=Condensed%20Consolidated%20Financial%20Statements%20(GAAP)) [Statements of Operations](index=7&type=section&id=Statements%20of%20Operations) [Three Months Ended December 31, 2024](index=7&type=section&id=Three%20Months%20Ended%20December%2031%2C%202024) For the three months ended December 31, 2024, LiveRamp reported a 12.4% increase in revenues to $195.4 million, with gross profit growing by 8.9%, despite a slight decrease in operating income Statements of Operations (in thousands) | Metric | 2024 | 2023 | Variance | % Variance | | :-------------------- | :-------- | :-------- | :-------- | :--------- | | Revenues | $195,412 | $173,869 | $21,543 | 12.4% | | Cost of revenue | $54,998 | $44,934 | $10,064 | 22.4% | | Gross profit | $140,414 | $128,935 | $11,479 | 8.9% | | % Gross margin | 71.9% | 74.2% | | | | Income from operations | $14,673 | $15,201 | $(528) | (3.5)% | | Net earnings | $11,210 | $13,977 | $(2,767) | (19.8)% | | Diluted EPS | $0.17 | $0.21 | $(0.04) | (18.4)% | [Nine Months Ended December 31, 2024](index=8&type=section&id=Nine%20Months%20Ended%20December%2031%2C%202024) For the nine months ended December 31, 2024, revenues increased by 14.2% to $556.9 million, with gross profit rising by 12.0%, but income from operations decreased by 34.1% Statements of Operations (in thousands) | Metric | 2024 | 2023 | Variance | % Variance | | :-------------------- | :-------- | :-------- | :-------- | :--------- | | Revenues | $556,856 | $487,809 | $69,047 | 14.2% | | Cost of revenue | $157,981 | $131,767 | $26,214 | 19.9% | | Gross profit | $398,875 | $356,042 | $42,833 | 12.0% | | % Gross margin | 71.6% | 73.0% | | | | Income from operations | $16,912 | $25,679 | $(8,767) | (34.1)% | | Net earnings | $5,453 | $17,254 | $(11,801) | (68.4)% | | Diluted EPS | $0.08 | $0.25 | $(0.17) | (68.3)% | [Balance Sheets](index=12&type=section&id=Balance%20Sheets) As of December 31, 2024, LiveRamp's total assets increased by 1.8% compared to March 31, 2024, driven by higher cash and cash equivalents and trade accounts receivable, while total liabilities also increased Balance Sheets (in thousands) | Metric | Dec 31, 2024 | Mar 31, 2024 | Variance | % Variance | | :-------------------- | :----------- | :----------- | :-------- | :--------- | | Cash and cash equivalents | $376,772 | $336,867 | $39,905 | 11.8% | | Total current assets | $643,807 | $602,032 | $41,775 | 6.9% | | Total assets | $1,253,213 | $1,231,443 | $21,770 | 1.8% | | Trade accounts payable | $105,334 | $81,202 | $24,132 | 29.7% | | Deferred revenue | $44,795 | $30,942 | $13,853 | 44.8% | | Total current liabilities | $231,624 | $216,576 | $15,048 | 6.9% | | Total stockholders' equity | $957,707 | $949,135 | $8,572 | 0.9% | [Statements of Cash Flows](index=13&type=section&id=Statements%20of%20Cash%20Flows) [Three Months Ended December 31, 2024](index=13&type=section&id=Three%20Months%20Ended%20December%2031%2C%202024) For the three months ended December 31, 2024, net cash provided by operating activities significantly increased to $45.1 million, driven by higher net earnings and non-cash stock compensation Cash Flow Activities (in thousands) | Cash Flow Activity | 2024 | 2023 | | :-------------------------------- | :-------- | :-------- | | Net cash provided by operating activities | $45,117 | $16,556 | | Net cash used in investing activities | $(1,239) | $(2,211) | | Net cash used in financing activities | $(9,359) | $(8,901) | | Net change in cash, cash equivalents and restricted cash | $35,788 | $6,777 | [Nine Months Ended December 31, 2024](index=15&type=section&id=Nine%20Months%20Ended%20December%2031%2C%202024) For the nine months ended December 31, 2024, net cash provided by operating activities increased to $91.4 million, with investing activities generating a net cash inflow of $20.9 million, a significant improvement from the prior year Cash Flow Activities (in thousands) | Cash Flow Activity | 2024 | 2023 | | :-------------------------------- | :-------- | :-------- | | Net cash provided by operating activities | $91,385 | $78,013 | | Net cash provided by (used in) investing activities | $20,922 | $(2,099) | | Net cash used in financing activities | $(76,425) | $(43,220) |\n| Net change in cash, cash equivalents and restricted cash | $37,894 | $34,498 | [Reconciliation of GAAP to Non-GAAP Measures](index=9&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Measures) [Non-GAAP EPS Reconciliation](index=9&type=section&id=Non-GAAP%20EPS%20Reconciliation) Non-GAAP diluted EPS for Q3 FY25 was $0.55, significantly higher than GAAP diluted EPS of $0.17, primarily due to the exclusion of non-cash stock compensation and purchased intangible asset amortization Non-GAAP EPS Reconciliation (in thousands, except EPS) | Metric | Q3 FY25 | Q3 FY24 | YTD FY25 | YTD FY24 | | :------------------------------------ | :------ | :------ | :------- | :------- | | GAAP Diluted EPS | $0.17 | $0.21 | $0.08 | $0.25 | | Excluded items (in thousands): | | | | | | Purchased intangible asset amortization | $3,686 | $1,181 | $11,280 | $5,688 | | Non-cash stock compensation | $26,760 | $17,497 | $83,813 | $46,524 | | Restructuring and merger charges | $149 | $2,502 | $752 | $9,192 | | Non-GAAP Diluted EPS | $0.55 | $0.47 | $1.41 | $1.19 | [Non-GAAP Operating Income Reconciliation](index=10&type=section&id=Non-GAAP%20Operating%20Income%20Reconciliation) Non-GAAP operating income for Q3 FY25 was $45.3 million, a 24.4% increase from the prior year, significantly higher than the GAAP operating income of $14.7 million Non-GAAP Operating Income Reconciliation (in thousands) | Metric | Q3 FY25 | Q3 FY24 | YTD FY25 | YTD FY24 | | :-------------------- | :-------- | :-------- | :---------- | :---------- | | GAAP Income from operations | $14,673 | $15,201 | $16,912 | $25,679 | | Excluded items: | | | | |\n| Purchased intangible asset amortization | $3,686 | $1,181 | $11,280 | $5,688 | | Non-cash stock compensation | $26,760 | $17,497 | $83,813 | $46,524 | | Restructuring and merger charges | $149 | $2,502 | $752 | $9,192 | | Non-GAAP Income from operations | $45,268 | $36,381 | $112,757 | $88,958 | [Adjusted EBITDA Reconciliation](index=11&type=section&id=Adjusted%20EBITDA%20Reconciliation) Adjusted EBITDA for Q3 FY25 increased by 24.3% to $46.0 million, reflecting stronger operational performance when excluding non-cash items like stock compensation and depreciation/amortization Adjusted EBITDA Reconciliation (in thousands) | Metric | Q3 FY25 | Q3 FY24 | YTD FY25 | YTD FY24 | | :-------------------- | :-------- | :-------- | :---------- | :---------- | | Net earnings from continuing operations | $9,522 | $13,379 | $3,765 | $16,269 | | Income from operations | $14,673 | $15,201 | $16,912 | $25,679 | | Depreciation and amortization | $4,400 | $1,782 | $13,404 | $7,685 | | Non-cash stock compensation | $26,760 | $17,497 | $83,813 | $46,524 | | Restructuring and merger charges | $149 | $2,502 | $752 | $9,192 | | Adjusted EBITDA | $45,982 | $36,982 | $114,881 | $90,955 | [Free Cash Flow Calculation](index=17&type=section&id=Free%20Cash%20Flow%20Calculation) LiveRamp's free cash flow for Q3 FY25 was $44.8 million, a substantial increase from $14.3 million in the prior year, demonstrating improved cash generation from operations after accounting for capital expenditures Free Cash Flow Calculation (in thousands) | Metric | Q3 FY25 | Q3 FY24 | FY25 YTD | FY24 YTD | | :-------------------- | :-------- | :-------- | :---------- | :---------- | | Net cash provided by (used in) operating activities | $45,117 | $16,556 | $91,385 | $105,656 | | Less: Capital expenditures | $(282) | $(2,211) | $(749) | $(4,255) | | Free Cash Flow | $44,835 | $14,345 | $90,636 | $101,401 | [Non-GAAP Operating Income Guidance Reconciliation](index=24&type=section&id=Non-GAAP%20Operating%20Income%20Guidance%20Reconciliation) LiveRamp provides a reconciliation for its non-GAAP operating income guidance for Q4 FY25 and the full fiscal year 2025, projecting a conversion from GAAP operating loss to non-GAAP operating income Non-GAAP Operating Income Guidance Reconciliation (in thousands) | Metric | Q4 FY25 Guidance | FY25 Guidance | | :-------------------- | :--------------- | :------------ | | GAAP income (loss) from operations | $(8,000) | $10,000 | | Excluded items: | | |\n| Purchased intangible asset amortization | $3,000 | $14,000 | | Non-cash stock compensation | $26,000 | $110,000 | | Restructuring costs | $1,000 | $1,000 | | Non-GAAP income from operations | $22,000 | $135,000 | [Explanation of Non-GAAP Measures](index=25&type=section&id=Explanation%20of%20Non-GAAP%20Measures) [Purpose and Adjustments](index=25&type=section&id=Purpose%20and%20Adjustments) LiveRamp uses non-GAAP measures to provide investors with a clearer understanding of its core operational performance by excluding specific non-cash and non-recurring expenses - Non-GAAP measures exclude acquisition-related expenses, non-cash stock compensation, and restructuring charges to offer a clearer view of past performance and future results[72](index=72&type=chunk) - Management uses these non-GAAP measures for internal business understanding, evaluation, operating decisions, planning, forecasting, and as a basis for executive compensation[72](index=72&type=chunk) [Specific Non-GAAP Metrics Definitions](index=25&type=section&id=Specific%20Non-GAAP%20Metrics%20Definitions) This section defines the specific adjustments made for non-GAAP financial measures, including purchased intangible asset amortization, non-cash stock compensation, restructuring charges, and transformation costs - Purchased intangible asset amortization is excluded as it is non-cash and provides supplemental information on operational performance[73](index=73&type=chunk) - Non-cash stock compensation is excluded because it does not typically require cash settlement and is not used to assess core profitability[74](index=74&type=chunk) - Restructuring charges and transformation costs are excluded as they are not indicative of core business operations and are discrete in nature, often involving third-party consulting fees[75](index=75&type=chunk)[76](index=76&type=chunk) - Adjusted EBITDA is defined as net income from continuing operations before income taxes, other expenses, depreciation, and amortization, with other adjustments, used to measure performance and compare to competitors[80](index=80&type=chunk) - Free Cash Flow is defined as operating cash flow less capital expenditures, representing discretionary spending from continuing operations[81](index=81&type=chunk)
LiveRamp Announces Results for Third Quarter FY25
Globenewswire· 2025-02-05 21:05
Revenue up 12% Year-Over-Year Fourth Consecutive Quarter of Double-Digit Revenue Growth Fiscal YTD Operating Cash Flow up 17% Year-Over-Year SAN FRANCISCO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- LiveRamp® (NYSE: RAMP), the leading data collaboration platform, today announced its financial results for the fiscal 2025 third quarter ended December 31, 2024. Q3 Financial Highlights1 Total revenue was $195 million, up 12%.Subscription revenue was $146 million, up 10%.Marketplace & Other revenue was $50 million, up 20 ...
LiveRamp to Discuss Third Quarter Financial Results
Globenewswire· 2025-01-22 21:05
SAN FRANCISCO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- LiveRamp® (NYSE: RAMP), the leading global data collaboration platform, today announced that its fiscal 2025 third quarter financial results will be released on Wednesday, February 5, 2025 after the financial markets close. A conference call to discuss the results will be held on the same day at 1:30 p.m. PT. A live webcast of the conference call can be accessed on the LiveRamp Investor Relations website. Additionally, the conference call can be accessed via ...