earnings
confidence high
sentiment neutral
materiality 0.75
LiveRamp Q1 revenue up 19% to $142M; GAAP ops loss widens; non-GAAP EPS $0.05
LiveRamp Holdings, Inc.
2023-Q1 EPS reported
-$0.40
revenue$142,243,000
- Total revenue $142M, up 19% YoY; subscription revenue $116M, up 20% YoY.
- GAAP gross margin 71% flat; non-GAAP gross margin 75% down 1pt YoY.
- GAAP operating loss $26M vs $18M loss prior year; non-GAAP operating income $4M vs $7M.
- FYTD repurchased ~2.8M shares for $80M; cumulative buyback $1.3B since 2011.
- Subscription net retention 113%; 90 customers paying $1M+ annually, up 29% YoY.