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Mar 31, 2022
LiveRamp Q4 2022 Earnings Report
LiveRamp's financial performance reflected a strong quarter with revenue growth and improved profitability.
Key Takeaways
LiveRamp announced its Q4 and fiscal year results, with Q4 revenue up 19% and subscription revenue up 22%. The company intends to repurchase $150 million of stock by December 31, 2022.
Total revenue was $142 million, up 19% year-over-year.
Subscription revenue was $116 million, up 22% year-over-year, contributing 82% of total revenue.
GAAP gross profit was $102 million, up 25% year-over-year, with a gross margin of 72%.
GAAP operating loss was $28 million, compared to a $52 million loss in the prior year period.
Revenue by Segment
Forward Guidance
For the first quarter of fiscal 2023, LiveRamp expects revenue of approximately $139 million, a 17% increase year-over-year. They anticipate a GAAP operating loss of approximately $33 million and a non-GAAP operating income of approximately $1 million. For fiscal 2023, revenue is expected to be between $608 million and $625 million, a 15% to 18% increase year-over-year, with a GAAP operating loss of approximately $93 million and non-GAAP operating income of approximately $49 million.
Positive Outlook
- Revenue of approximately $139 million, an increase of 17% year-over-year
- Non-GAAP operating income of approximately $1 million
- Revenue of between $608 million and $625 million, an increase of between 15% and 18% year-over-year
- Non-GAAP operating income of approximately $49 million
- Intends to repurchase approximately $150 million of its common stock by the end of the third quarter of fiscal 2023
Challenges Ahead
- GAAP operating loss of approximately $33 million
- GAAP operating loss of approximately $93 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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