LiveRamp Q1 2021 Earnings Report
Key Takeaways
LiveRamp announced strong Q1 results with total revenue up 21% year-over-year to $99 million and subscription revenue also up 21%. The company achieved its first quarterly non-GAAP operating profit and saw significant growth in its Advanced TV business and Safe Haven offerings.
Total revenue increased by 21% year-over-year, reaching $99 million.
Subscription revenue grew by 21% year-over-year, contributing 83% of total revenue.
GAAP operating loss improved significantly, and the company achieved its first quarterly non-GAAP operating profit.
Advanced TV revenue was up over 50%, and Safe Haven bookings, ARR, and revenue all increased by over 100%.
LiveRamp
LiveRamp
LiveRamp Revenue by Segment
Forward Guidance
LiveRamp provided guidance for the second quarter of fiscal year 2021, anticipating revenue of approximately $100 million and a GAAP operating loss of up to $39 million.
Challenges Ahead
- GAAP operating loss of up to $39 million is expected for Q2 2021
- Non-GAAP operating loss of up to $7 million is expected for Q2 2021
Revenue & Expenses
Visualization of income flow from segment revenue to net income