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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) announced the expansion of its partnership with Snowflake, enhancing product capabilities for marketers. This upgrade enables data connectivity for post-cookie marketing and facilitates real-time performance measurement. Key benefits include accelerated identity resolution services, improved audience activation accuracy, and user-friendly interfaces for marketers. The partnership aims to support evolving data privacy regulations while fostering collaboration across marketing channels. LiveRamp’s new features will be available for Snowflake clients through alpha testing, with general availability expected later this year.
Allen Media Group has integrated LiveRamp's Authenticated Traffic Solution (ATS) into its streaming platforms, The Weather Channel TV Streaming App and Local Now. This move allows marketers to effectively find and engage their audiences with addressable and measurable impressions, enhancing consumer relationships while prioritizing privacy. The adoption of ATS eliminates reliance on third-party identifiers, providing data-driven targeting with first-party authentication. According to CEO Byron Allen, this implementation is a strategic response to privacy demands and market pressures, aiming to build trust with consumers and create value for marketers.
LiveRamp (NYSE: RAMP), a leading data collaboration platform, announced that CEO Scott Howe will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 7th at 2:40 p.m. PT / 5:40 p.m. ET. The event highlights LiveRamp's role in enhancing customer data connectivity and privacy-first collaboration within companies and their marketing partners, aiming to improve customer journeys. Investors can access the live webcast and replay via LiveRamp's investor relations website.
LiveRamp (NYSE: RAMP) has appointed Brian O’Kelley, former CEO of AppNexus, to its board of directors. O'Kelley, currently CEO of Scope3, brings extensive expertise in advertising technology. His background includes co-founding Waybridge and serving as CTO at Right Media. CEO Scott Howe expressed confidence in O'Kelley’s ability to support LiveRamp's mission of facilitating data collaboration among global marketers. O'Kelley has received several accolades, including Crain’s 40 Under 40 and EY Entrepreneur of the Year. He aims to leverage his advertising technology experience to advance LiveRamp's platform.
LiveRamp (NYSE: RAMP) reported Q3 fiscal 2023 results, achieving total revenue of $159 million, a 13% increase year-over-year. Subscription revenue rose by 14% to $126 million, now 80% of total revenue. Despite a GAAP operating loss of $24 million, non-GAAP operating income improved to $26 million. The company generated $16 million in operating cash flow and extended its share repurchase program by $100 million. LiveRamp anticipates revenue between $595 million and $600 million for fiscal 2023, marking a 13% increase year-over-year. The company maintains a strong customer base with 910 subscription customers and a CRPO of $324 million.
LiveRamp (NYSE: RAMP) has launched a new partner solution for AWS Clean Rooms. This integration allows users to employ LiveRamp's identity resolution capabilities in conjunction with AWS Clean Rooms, enhancing data collaboration for better customer intelligence. The solution includes an embedded transcoder and identity resolution technology, which enables businesses to connect first- and second-party data sources. LiveRamp aims to provide secure data collaboration, ensuring the protection of consumer information while improving audience insights and marketing outcomes.
LiveRamp (NYSE: RAMP) announced that its fiscal 2023 third quarter earnings will be released on February 7, 2023, after market close. A conference call is scheduled for 1:30 p.m. PT to discuss the results. Interested parties can register for the call via a provided link and access a live webcast through the Investor Relations website. LiveRamp is a leading global data enablement platform, offering solutions that empower businesses to connect, control, and activate data for enhanced customer experiences.
LiveRamp announced an increase in its share repurchase authorization by $100 million, bringing the total to $1.1 billion, extended to December 31, 2024. The company has repurchased $150 million of stock in the fiscal year-to-date, with $50 million in Q3 2023, leaving approximately $215 million available for future buybacks. Since launching its program, LiveRamp has returned around $1.4 billion to shareholders, demonstrating its commitment to enhancing shareholder value.
LiveRamp reported Q2 fiscal 2023 revenue of $147 million, up 16%, with subscription revenue at $120 million, rising 14%. The GAAP operating loss was $29 million compared to $6 million last year. Non-GAAP operating income improved to $17 million. Share repurchases totaled $100 million this fiscal year. The company raised its fiscal 2023 revenue guidance to between $595 million and $600 million, reflecting a 13% increase year-over-year. The non-GAAP operating income guidance is now $60 million.
LiveRamp (NYSE: RAMP) has announced an expanded partnership with Meta, integrating their Authenticated Traffic Solution with the Conversions API. This enables marketers to utilize first-party data securely, optimizing campaigns and improving returns. Key benefits include enhanced audience targeting, accurate measurement of marketing effectiveness, and performance optimization. Marketers leveraging this integration reportedly see an average 13% improvement in cost per action. LiveRamp's ATS is operational in 21 countries with extensive partnerships.
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