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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) appointed Omar Tawakol to its board of directors. Tawakol has a robust background in cloud and data management from his roles at Cisco and Oracle. He previously founded Voicea and BlueKai, enhancing his expertise in data-driven marketing. Tawakol expressed enthusiasm about LiveRamp's innovative approach to data collaboration and customer experience transformation. His appointment signifies a strategic move to leverage his extensive knowledge, potentially positioning LiveRamp for future growth in the data connectivity market.
LiveRamp (NYSE: RAMP) has partnered with Google Cloud to enhance data identity capabilities through API access in the Google Cloud Marketplace. This collaboration aims to help customers create a unified view of their data, improving the use of actionable insights for better decision-making. Key benefits include enhanced security, improved performance, cost optimization, and maintaining consumer privacy. This strategic alliance follows LiveRamp's acquisition of DataFleets, further positioning the company in the cloud data landscape.
OpenX and LiveRamp (NYSE: RAMP) have expanded their partnership into Australia, enhancing local marketers' access to audience targeting through LiveRamp's Authenticated Identity Infrastructure. This integration allows marketers to reach users across various platforms, including connected TV, while respecting consumer privacy. The partnership previously achieved success in the US and aims to provide Australian marketers with data-driven, scalable solutions. Currently, LiveRamp's infrastructure supports 340 global publishers and processes 22 billion impressions daily, offering a cookie-less approach to media buying.
LiveRamp (NYSE: RAMP) announced the establishment of $15 million in cash reserves aimed at supporting financial institutions that serve historically underserved communities. This initiative addresses the widening wealth gap in the US, particularly impacting minority and Black communities. LiveRamp aims to leverage its partnerships with OneUnited Bank and Southern Bancorp to enhance access to financial services. CEO Scott Howe emphasized the company's commitment to fostering economic opportunity for all citizens, while partners see potential for improving financial literacy within the Black community.
LiveRamp® (NYSE: RAMP) announces that President and CFO Warren Jenson, along with President and Head of Products and Platforms Anneka Gupta, will present at the Morgan Stanley TMT Conference on March 3, 2021, at 8:45 a.m. PT / 11:45 a.m. ET. This virtual conference will provide insights into LiveRamp's data connectivity platform and its impact on customer experiences and business outcomes. Interested parties can access the presentation and supporting materials via a webcast or through the investor relations website.
LiveRamp (NYSE: RAMP) has successfully completed the acquisition of DataFleets, a cloud data platform that enhances data collaboration while emphasizing privacy. This strategic move aims to address the challenge of unifying data silos without the need for data movement, according to LiveRamp's president, Anneka Gupta. The acquisition will expand LiveRamp’s capabilities in privacy protection and provide customers with advanced privacy technologies, allowing for better data insights and improved customer experiences.
LiveRamp, a global data connectivity platform, reported impressive Q3 fiscal 2021 results with total revenue of $120 million, a 17% increase year-over-year. Subscription revenue reached $93 million, up 15%, while Marketplace and Other revenue surged by 27% to $26 million. Gross profit stood at $83 million, marking a 29% rise, and GAAP gross margin expanded to 69%. The company reported a GAAP operating loss of $16 million, significantly reduced from the previous year's loss of $41 million. LiveRamp also announced a definitive agreement to acquire DataFleets, enhancing its data capabilities.
LiveRamp (NYSE: RAMP) announced its acquisition of DataFleets, a cloud data platform enhancing data protection and collaboration. This strategic move allows LiveRamp to unlock greater data access without compromising privacy. DataFleets' technology supports secure analytics across borders and silos, addressing evolving privacy regulations. The acquisition is expected to enhance LiveRamp's capabilities in areas such as healthcare and financial services while maintaining control over data. The transaction is set to close in LiveRamp's fiscal fourth quarter, with no material impact on fiscal 2021 results.
LiveRamp (NYSE: RAMP) announced that its fiscal year 2021 third quarter earnings release will be issued on February 8, after market close. A conference call to discuss results is scheduled for 1:30 p.m. PT that same day. The call can be accessed via a provided registration link, where participants will receive dial-in details. This event is part of LiveRamp's commitment to transparency with investors, highlighting its position as a leading data connectivity platform.
Trialbee has partnered with LiveRamp to enhance patient recruitment in clinical trials. This innovative collaboration is aimed at identifying and engaging potential trial participants using LiveRamp's extensive data connectivity platform, ensuring a privacy-centric approach. By leveraging advanced data science, Trialbee seeks to overcome recruitment inefficiencies that often lead to trial delays. The partnership promises to improve patient engagement throughout the trial process, potentially leading to quicker enrollment and better outcomes.
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