LiveRamp Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 22, 2024 at 04:05 pm
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LiveRamp Holdings, Inc. reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was USD 171.85 million compared to USD 148.63 million a year ago. Net loss was USD 5.37 million compared to USD 31.36 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.55 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.55 a year ago. Basic loss per share was USD 0.08 compared to USD 0.48 a year ago. Diluted loss per share was USD 0.08 compared to USD 0.48 a year ago.
For the full year, sales was USD 659.66 million compared to USD 596.58 million a year ago. Net income was USD 11.88 million compared to net loss of USD 118.7 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to basic loss per share from continuing operations of USD 1.87 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to diluted loss per share from continuing operations of USD 1.87 a year ago. Basic earnings per share was USD 0.18 compared to basic loss per share of USD 1.79 a year ago. Diluted earnings per share was USD 0.17 compared to diluted loss per share of USD 1.79 a year ago.
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.