LiveRamp Announces First Quarter Results
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LiveRamp (RAMP) Tops Q1 EPS by 5c, Revenues Beat; Offers FY20 Revenue Guidance
August 5, 2019 4:38 PM EDTLiveRamp (NYSE: RAMP) reported Q1 EPS of ($0.24), $0.05 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $83 million versus the consensus estimate of $78.53 million.
Financial Highlights
Total revenue was $83 million, up 32% compared to the prior year period. Excluding the impact of Facebook, total revenue increased 39%.
Subscription revenue was $68 million, up 33% and contributed 83% of total revenue.
Marketplace & Other revenue was $14 million, up 27% compared to the prior year period. Excluding the impact of Facebook, Marketplace & Other revenue increased 76%.
GAAP operating loss was $48 million compared to a GAAP operating loss of $30... More
