LiveRamp Q2 FY25 Earnings Release [Q2 FY25 Financial Highlights](index=1&type=section&id=Q2%20Financial%20Highlights) LiveRamp reported strong Q2 FY25 results with total revenue growing 16% year-over-year to $185 million, marking the third consecutive quarter of double-digit growth, alongside expanded non-GAAP operating margin and significant net cash generation Q2 FY25 Key Financial Results | Metric | Q2 FY25 | YoY Change | | :--- | :--- | :--- | | Total Revenue | $185 million | +16% | | Subscription Revenue | $143 million | +14% | | Marketplace & Other Revenue | $42 million | +23% | | GAAP Operating Income | $7 million | -12.5% | | Non-GAAP Operating Income | $41 million | +28.1% | | GAAP Diluted EPS | $0.03 | -57.1% | | Non-GAAP Diluted EPS | $0.51 | +18.6% | | Net Cash from Operating Activities | $56 million | +55.6% | - The company repurchased approximately **1.9 million shares** for **$50 million** in Q2, bringing the fiscal year-to-date total to **$66 million**[4](index=4&type=chunk) - CEO Scott Howe highlighted strong momentum with the Data Collaboration Platform, recent platform updates to accelerate customer value, and the scaling of the clean room network[5](index=5&type=chunk) [Business Highlights & Key Metrics](index=3&type=section&id=Additional%20Business%20Highlights%20%26%20Metrics) The company expanded its share repurchase authorization and extended its duration, while also announcing new AI partnerships and demonstrating strong customer retention and growth in annualized revenue - The Board of Directors expanded the share repurchase program authorization by **$200 million** to **$1.3 billion** and extended it by two years; as of September 30, 2024, **$292 million** remained available[10](index=10&type=chunk) - Announced new AI partnerships with Perplexity and Chalice to enable marketers to personalize AI-powered searches and connect AI-powered custom audiences on platforms like Meta and YouTube[12](index=12&type=chunk) Key Business Metrics (as of Q2 FY25) | Metric | Value | Prior Year Value | | :--- | :--- | :--- | | $1M+ Subscription Customers | 125 | 99 | | Subscription Net Retention | 107% | N/A | | Platform Net Retention | 110% | N/A | | Annual Recurring Revenue (ARR) | $483 million (+13% YoY) | N/A | | Current RPO (CRPO) | $374 million (+10% YoY) | N/A | [Financial Outlook](index=4&type=section&id=Financial%20Outlook) LiveRamp provided an optimistic financial outlook, forecasting 10% revenue growth for Q3 FY25 and raising its full-year FY25 guidance for both revenue and non-GAAP operating income Q3 Fiscal 2025 Guidance | Metric | Guidance | | :--- | :--- | | Revenue | $191 million (+10% YoY) | | GAAP Operating Income | $8 million | | Non-GAAP Operating Income | $39 million | Full Fiscal 2025 Guidance (Increased) | Metric | Guidance | | :--- | :--- | | Revenue | $737 million - $739 million (+12% YoY) | | GAAP Operating Income | $6 million - $8 million | | Non-GAAP Operating Income | $133 million - $135 million | [Financial Statements](index=7&type=section&id=Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for the three and six months ended September 30, 2024, including the Statements of Operations, Balance Sheets, and Statements of Cash Flows, providing a detailed view of the company's financial performance and position on a GAAP basis [Consolidated Statements of Operations](index=7&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) For Q2 FY25, revenues increased 16.0% YoY to $185.5 million, but GAAP income from operations and net earnings decreased due to rising costs and operating expenses, with the six-month period recording a net loss Q2 Statement of Operations Summary (Three Months Ended Sep 30) | Metric (in thousands) | 2024 | 2023 | % Change | | :--- | :--- | :--- | :--- | | Revenues | $185,483 | $159,871 | 16.0% | | Gross Profit | $134,249 | $118,659 | 13.1% | | Income from Operations | $7,487 | $8,208 | (8.8)% | | Net Earnings | $1,732 | $4,863 | (64.4)% | | Diluted EPS | $0.03 | $0.07 | (64.1)% | YTD Statement of Operations Summary (Six Months Ended Sep 30) | Metric (in thousands) | 2024 | 2023 | % Change | | :--- | :--- | :--- | :--- | | Revenues | $361,444 | $313,940 | 15.1% | | Gross Profit | $258,461 | $227,107 | 13.8% | | Income from Operations | $2,239 | $10,478 | (78.6)% | | Net Earnings (Loss) | $(5,757) | $3,277 | (275.7)% | [Condensed Consolidated Balance Sheets](index=12&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) As of September 30, 2024, LiveRamp's balance sheet showed a slight decrease in total assets and stockholders' equity, while total liabilities saw a more significant reduction Balance Sheet Summary (as of Sep 30, 2024 vs Mar 31, 2024) | Account (in thousands) | Sep 30, 2024 | Mar 31, 2024 | % Change | | :--- | :--- | :--- | :--- | | Cash and cash equivalents | $338,946 | $336,867 | 0.6% | | Total Current Assets | $582,120 | $602,032 | (3.3)% | | Total Assets | $1,194,888 | $1,231,443 | (3.0)% | | Total Current Liabilities | $199,468 | $216,576 | (7.9)% | | Total Stockholders' Equity | $932,057 | $949,135 | (1.8)% | [Condensed Consolidated Statements of Cash Flows](index=13&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) For the three months ended September 30, 2024, net cash provided by operating activities increased significantly, while financing activities primarily involved substantial share repurchases Cash Flow Summary (Three Months Ended Sep 30) | Activity (in thousands) | 2024 | 2023 | | :--- | :--- | :--- | | Net cash provided by operating activities | $55,596 | $35,764 | | Net cash provided by investing activities | $22,754 | $665 | | Net cash used in financing activities | $(50,601) | $(15,797) | | Net change in cash | $28,563 | $21,396 | - The company significantly increased its share buybacks, with the acquisition of treasury stock rising to **$49.9 million** in Q2 FY25 from **$15.1 million** in Q2 FY24[43](index=43&type=chunk) [GAAP to Non-GAAP Reconciliation](index=9&type=section&id=RECONCILIATION%20OF%20GAAP%20TO%20NON-GAAP) This section provides detailed reconciliations of GAAP financial measures to their non-GAAP counterparts, adjusting for items such as purchased intangible asset amortization, non-cash stock compensation, and restructuring charges, which significantly impacted net earnings Q2 FY25 GAAP to Non-GAAP EPS Reconciliation | Metric (in thousands, except per share) | GAAP | Adjustments | Non-GAAP | | :--- | :--- | :--- | :--- | | Income from continuing operations before taxes | $11,684 | $33,213 | $44,897 | | Net Earnings from continuing operations | $1,732 | $32,420 | $34,152 | | Diluted EPS | $0.03 | $0.48 | $0.51 | - The primary adjustments to reconcile GAAP to Non-GAAP income include purchased intangible asset amortization (**$3.7 million**), non-cash stock compensation (**$29.1 million**), and restructuring charges (**$0.4 million**)[32](index=32&type=chunk) [Forward-Looking Statements](index=5&type=section&id=Forward-Looking%20Statements) This section contains standard cautionary language regarding forward-looking statements, including the financial outlook for FY25, highlighting that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties - The press release contains forward-looking statements regarding financial position, results of operations for fiscal 2025, and growth opportunities, which are subject to significant risks and uncertainties[20](index=20&type=chunk)[21](index=21&type=chunk) - Key risks include economic uncertainties (high interest rates, inflation), dependence on customer renewals, competition, technological changes, data security breaches, and evolving privacy regulations[22](index=22&type=chunk) [Appendix: Explanation of Non-GAAP Measures](index=25&type=section&id=APPENDIX%20A) The appendix details the company's rationale for using non-GAAP financial measures, which management believes provide a clearer view of core operational performance by excluding certain non-cash or non-recurring expenses - Management uses non-GAAP measures internally to understand, manage, and evaluate the business, as well as for planning and forecasting; executive compensation is also partly based on these measures[70](index=70&type=chunk) - Key non-GAAP adjustments include: - **Purchased intangible asset amortization:** A non-cash expense related to acquisitions - **Non-cash stock compensation:** An ongoing, non-cash expense that is not used to assess core profitability - **Restructuring charges:** Costs related to activities like workforce reductions and lease terminations, which are not considered part of core business operations[71](index=71&type=chunk)[72](index=72&type=chunk)[73](index=73&type=chunk)

SAN FRANCISCO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- LiveRamp® (NYSE: RAMP), the leading global data collaboration platform, today announced that its fiscal 2025 second quarter financial results will be released on Wednesday, November 6, 2024 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 ...

LiveRamp (NYSE: RAMP ) is currently undervalued, with a near-term upside potential of approximately 30% in its market cap. The company benefits from a strong reputation with Big Tech partners and is well-positioned as marketing and advertising processes become more personalized and Oliver Rodzianko is an investment analyst specializing in the technology sector, with a focus on artificial intelligence, semiconductors, software, and renewable energy. He has earned a strong reputation on Seeking Alpha, where h ...

Shares of LiveRamp (RAMP) have gained 3.8% over the past four weeks to close the last trading session at $25.99, 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 73.7%. 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 in ...

● . ● | --- | --- | |-----------------------------------------------|-------| | | | | Ramp Metals Announces Sale of Railroad Valley | | | Project to Canter Resources and Provides | | | Exploration Update | | September 12, 2024 4:30 PM EDT | Source: Ramp Metals Inc. Vancouver, British Columbia--(Newsfile Corp. - September 12, 2024) - Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to announce the proposed sale of the Company's Railroad Valley Project located in Nye County, Nevada, t ...

Core Viewpoint - LiveRamp (RAMP) is positioned as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook that may continue to drive stock price growth [1][2]. Estimate Revisions - Analysts have shown growing optimism regarding LiveRamp's earnings prospects, as reflected in the upward trend of estimate revisions, which historically correlates with stock price movements [2]. - For the current quarter, LiveRamp is expected to earn $0.38 per share, representing a year-over-year decline of 11.63%. However, the Zacks Consensus Estimate has increased by 8.33% over the last 30 days due to one upward revision [4]. - For the full year, the earnings estimate is projected at $1.63 per share, reflecting a year-over-year increase of 12.41%. The consensus estimate has risen by 23.33% in the past month, supported by one upward revision [5]. Zacks Rank - LiveRamp currently holds a Zacks Rank 2 (Buy), indicating favorable conditions for investment based on promising estimate revisions. Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6]. Stock Performance - Over the past four weeks, LiveRamp shares have appreciated by 17.4%, suggesting that investor confidence is bolstered by the company's positive earnings growth prospects [7].

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 ...

Core Viewpoint - LiveRamp (RAMP) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. LiveRamp's Earnings Outlook - For the fiscal year ending March 2025, LiveRamp is projected to earn $1.63 per share, reflecting a 12.4% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for LiveRamp has risen by 23.3%, indicating a positive trend in earnings expectations [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The upgrade of LiveRamp to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [9].

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 ...