LiveRamp Holdings, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2025
May 22, 2024 at 04:05 pm
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LiveRamp Holdings, Inc. provided earnings guidance for the first quarter and fiscal year 2025. For the quarter, Company expects Revenue of $172 million, an increase of 12%. GAAP operating loss of $8 million.
For the year, Company expects Revenue of between $710 million and $730 million, an increase of between 8% and 11%. GAAP operating loss of between $8 million and $4 million.
LiveRamp Holdings, Inc. is a global technology company. The Companyâs enterprise platform enables data collaboration, where companies can share first-party consumer data with business partners securely and in a privacy-conscious manner. It offers flexibility to collaborate wherever data lives to support a range of data collaboration use cases within organizations, between brands, and across its global network of partners. The LiveRamp data collaboration platform enables an organization to unify customer and prospect data (first, second, or third-party) to build a single view of the customer in a way that protects consumer privacy. First-party data is data collected firsthand through a companyâs controlled channels. Second-party data is data that a company shares directly with a business partner. Third-party data is data collected and sold by a company through an online data marketplace to companies with which it does not have a direct relationship. It serves a global customer base.