other material
confidence high
sentiment neutral
materiality 0.50
LiveRamp Holdings, Inc. (RAMP): restructuring charge — LiveRamp cuts 65 jobs (~5% of staff); $6.5M charges; guides GAAP operating loss $(13M) for Q4
LiveRamp Holdings, Inc.
- Announced workforce reduction of ~65 employees (~5% of full-time) with estimated restructuring charges of ~$6.5M, substantially all in Q4 FY2025 ending March 31, 2025.
- Updated GAAP operating loss guidance for Q4 FY2025 to $(13.0)M; full-year GAAP operating income guidance reduced to $5.0M due to charges and $1.5M lower stock comp.
- Reaffirmed revenue and Non-GAAP operating income guidance: Non-GAAP ops income of $22M (Q4) and $135M (full year).
- Exhibit reconciliation shows Non-GAAP adjustments include $108.5M stock comp, $14M intangible amort, and $7.5M restructuring costs for FY2025.