LiveRamp Announces Third Quarter Results
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LiveRamp (RAMP) Tops Q3 EPS by 7c, Revenues Beat; Offers 4Q & FY21 Revenue Guidance Above Consensus
February 8, 2021 4:08 PM ESTLiveRamp (NYSE: RAMP) reported Q3 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $120 million versus the consensus estimate of $113.14 million.
Third Quarter Financial Highlights
Total revenue was $120 million, up 17% compared to the prior year period.Subscription revenue was $93 million, up 15% compared to the prior year period and contributed 78% of total revenue.Marketplace & Other revenue was $26 million, up 27% compared to the prior year period.GAAP gross profit was $83 million, up 29% compared to the prior year period. GAAP gross margin of 69% expanded 6 percentage... More