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LiveRamp Holdings, Inc. (NYSE: RAMP) is a prominent technology company recognized for its leading data connectivity platform. Leveraging core identity resolution capabilities and an extensive network, LiveRamp empowers businesses and their partners to connect, control, and activate data effectively. This transformation of customer experiences helps generate significant business outcomes. LiveRamp's infrastructure, which is fully interoperable and neutral, grants end-to-end addressability to top global brands, agencies, and publishers.
LiveRamp's suite of products and services revolves around the principles of consumer privacy, data ethics, and foundational identity. Their platform offers a connected customer view with both clarity and context, ensuring the protection of brand and consumer trust. Key offerings include identity resolution, data activation, and privacy-centric identifiers such as RampID.
Recent achievements highlight LiveRamp's strategic partnerships and innovations. Notably, their collaboration with Cross Screen Media enhances targeting and measurement capabilities, preparing for a cookieless future by integrating RampID for audience-based activation and measurement across various channels. Similarly, a partnership with MobileFuse leverages the Authenticated Traffic Solution, boosting privacy-centric monetization by 303% and increasing fill rates by 317%.
Financially, LiveRamp has demonstrated robust performance, with detailed quarterly and annual results reflecting both GAAP and non-GAAP measures. These results offer insights into operational performance, adjusting for non-cash stock compensation, restructuring charges, and other relevant expenses. The company continues to pursue strategic initiatives to align its costs and operating plans with current economic conditions.
LiveRamp is committed to innovation and excellence in data connectivity, privacy, and ethics, positioning itself as a vital player in the global data ecosystem. For more detailed information, visit www.liveramp.com.
LiveRamp (NYSE: RAMP) has integrated with Yieldmo to enhance its Authenticated Traffic Solution (ATS). This partnership is set to improve the addressability of publisher traffic and enable marketers to connect with audiences using high-quality native inventory. A recent Forrester Consulting study indicates that advertisers using ATS can achieve a 343% ROI within three years. Over 1,100 publishers are already utilizing ATS, with significant increases in CPMs reported by Microsoft Advertising. The integration focuses on privacy-first solutions amidst industry shifts away from third-party cookies.
LiveRamp (NYSE: RAMP) reported a strong financial performance for Q1 fiscal 2022, with total revenue reaching $119 million, a 20% increase year-over-year. Subscription revenue constituted 81% of total revenue at $97 million, up 16%. GAAP gross profit improved to $85 million, reflecting a 30% rise, with a gross margin of 71%. Non-GAAP operating income rose to $7 million. The company also repurchased 1 million shares for around $44 million. LiveRamp anticipates $124 million in revenue for Q2, maintaining an 18% growth outlook for fiscal 2022.
LiveRamp (NYSE: RAMP) has announced the appointment of David Pann as chief product officer (CPO). With over 25 years of experience, including leadership roles at Microsoft and Yahoo!, Pann will oversee product design and strategy, aiming for global expansion beyond advertising. Additionally, Mohsin Hussain has been elevated to report directly to the CEO, contributing to engineering and technology integration. Both leaders are expected to enhance team performance and drive innovation at LiveRamp.
LiveRamp (NYSE: RAMP) announced its fiscal year 2022 first quarter earnings release is set for August 5, post-market close. A conference call will follow at 1:30 p.m. PT the same day to discuss the results. Registration for the call is available through their provided link. LiveRamp emphasizes its position as a leading data connectivity platform, highlighting its capabilities in safely utilizing data for improved customer experiences and business outcomes. For updates, investors can subscribe to their email alerts.
LiveRamp® (NYSE: RAMP) has announced significant leadership changes. Diego Panama has been appointed Chief Commercial Officer, overseeing revenue-generating activities, after a strategic search process. Grant Ries, former BlueKai founder, steps in as Executive Vice President of Emerging Markets, focusing on expansion outside advertising. CEO Scott Howe emphasized the importance of these roles and the depth of talent in the organization. Under Panama, bookings momentum has reportedly accelerated, with fiscal 2021 second-half bookings up over 50% year-over-year.
Ampersand, a TV advertising sales and technology company, has integrated with LiveRamp (NYSE: RAMP), enhancing audience customization for multiscreen TV advertising. This partnership allows advertisers to create custom audiences using first and third-party data across 85 million households and 150 streaming apps. The AND Platform, launched in 2020, centralizes campaign planning, buying, and measurement. It promises a more advanced, impression-based buying approach in the TV marketplace, marking a significant evolution in advertising strategies.
LiveRamp (NYSE: RAMP) has announced an expanded global partnership with Carrefour (OTCMKTS: CRERF) to enhance data collaboration through LiveRamp's Safe Haven technology. This initiative aims to improve analytics capabilities for retailers and consumer packaged goods partners across nine international markets, including new expansions into Spain, Italy, and Brazil. By leveraging privacy-preserving technologies, the partnership aims to deliver deeper insights, omnichannel activation, and improved measurement of marketing impacts on sales. Safe Haven is rapidly gaining traction, now serving over 45 clients across various retail sectors.
LiveRamp (NYSE: RAMP) announced the departure of Anneka Gupta, president and head of products, effective July 1, 2021, for a senior leadership opportunity in the tech sector. Gupta, a founding member since 2010, played a critical role in the company's growth from 20 to 1,200 employees. LiveRamp will promote existing executives to fill her responsibilities, ensuring a smooth transition. CEO Scott Howe expressed gratitude for Gupta's contributions and confidence in the company's position for continued growth in data connectivity.
LiveRamp (NYSE: RAMP) reported a strong fiscal year ending March 31, 2021, with total revenue of $443 million, up 16% year-over-year. Subscription revenue rose 17% to $357 million, accounting for 80% of total revenue. The company achieved a GAAP gross profit of $299 million, reflecting a 31% increase, while non-GAAP earnings per share reached $0.23. LiveRamp's Authenticated Traffic Solution is gaining traction, with over 400 publishers adopting it, and demonstrating a potential 343% ROI for advertisers. For FY22, the company projects revenue of up to $509 million, up 15% year-over-year.
LiveRamp (NYSE: RAMP) announced the global adoption of its Authenticated Traffic Solution (ATS) by hundreds of publishers and brands, enhancing performance amidst the decline of third-party cookies. Over 400 publishers, including 70% of the Comscore 20, have embraced ATS, leading to a reported 343% ROI for advertisers within three years. Notable results include a 403% increase in hotel bookings and a 40% rise in CPMs for Microsoft Advertising. The solution is gaining traction on major platforms, securing its position as a vital tool for customer engagement and data management.
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