earnings
confidence high
sentiment positive
materiality 0.65
LiveRamp Q1 revenue $154M (+8% YoY), first ever positive GAAP operating income
LiveRamp Holdings, Inc.
2024-Q1 EPS reported
-$0.02
revenue$154,069,000
- GAAP operating income of $2M vs loss of $26M last year; GAAP diluted loss per share $0.02.
- Non-GAAP operating income $21M (margin 14%) vs $4M (3%); non-GAAP diluted EPS $0.29.
- Subscription revenue $122M (+5%), Marketplace & Other $32M (+21%).
- Operating cash flow $26M (benefited from $29M tax refund); $20M share repurchases (~835k shares).
- CEO says Q1 revenue and operating income exceeded expectations; data collaboration demand strong.