LiveRamp Q3 2024 Earnings Report
Key Takeaways
LiveRamp outperformed in Q3 2024, exceeding expectations for revenue and operating income. The company closed the Habu acquisition and saw strong new logo acquisition, demonstrating healthy customer demand.
Total revenue was $174 million, up 10% year-over-year.
GAAP operating income was $15 million, compared to a loss of $24 million in the prior year.
GAAP diluted earnings per share was $0.21, and non-GAAP diluted earnings per share was $0.47.
Closed Habu Acquisition on January 31 to Accelerate the Company’s Data Collaboration Strategy
LiveRamp
LiveRamp
LiveRamp Revenue by Segment
Forward Guidance
For the fourth quarter of fiscal 2024, LiveRamp expects revenue of between $158 million and $162 million, a GAAP operating loss of between $18 million and $17 million, and non-GAAP operating income of between $13 million and $14 million. For fiscal 2024, LiveRamp updates its guidance and expects revenue of between $646 million and $650 million, a GAAP operating income of between $8 million and $9 million, and non-GAAP operating income of between $102 million and $103 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income