LiveRamp Announces Second Quarter Results
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LiveRamp (RAMP) Tops Q2 EPS by 6c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus
November 6, 2019 5:41 PM ESTLiveRamp (NYSE: RAMP) reported Q2 EPS of ($0.23), $0.06 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $90 million versus the consensus estimate of $85.55 million.
Financial Highlights
Total revenue was $90 million, up 39% compared to the prior year period.Subscription revenue was $72 million, up 31% and contributed 80% of total revenue.Marketplace & Other revenue was $18 million, up 83% compared to the prior year period.GAAP operating loss was $50 million compared to a GAAP operating loss of $38 million in the prior year period. Non-GAAP operating loss was $20 million... More