LiveRamp Holdings, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2024
February 08, 2024 at 04:05 pm EST
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LiveRamp Holdings, Inc. provided earnings guidance for the fourth quarter and full year 2024. For the fourth quarter of fiscal 2024, LiveRamp expects to report: Revenue of between $158 million and $162 million, an increase of between 6% and 9%, and GAAP operating loss of between $18 million and $17 million.
For fiscal 2024, LiveRamp updates its guidance and expects to report: Revenue of between $646 million and $650 million, an increase of between 8% and 9%, and GAAP operating income of between $8 million and $9 million.
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.