LiveRamp Announces First Quarter Results
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LiveRamp (RAMP) Tops Q1 EPS by 16c, Revenues Beat; Offers 2Q Revenue Guidance Above Consensus
August 10, 2020 4:20 PM EDTLiveRamp (NYSE: RAMP) reported Q1 EPS of $0.01, $0.16 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $99 million versus the consensus estimate of $88.54 million.
First Quarter Financial Highlights
Total revenue was $99 million, up 21% compared to the prior year period.Subscription revenue was $83 million, up 21% compared to the prior year period and contributed 83% of total revenue.Marketplace & Other revenue was $17 million, up 16% compared to the prior year period.GAAP gross profit was $65 million, up 41% compared to the prior year period. GAAP gross margin of 65% expanded 9 percentage... More