Data collaboration platform LiveRamp Q1 revenue beats estimates
Overview
LiveRamp fiscal Q1 revenue up 11% to $195 mln, beating analyst expectations
Adjusted operating income rose 34% to $36 mln, surpassing estimates
Company repurchased $30 mln in shares during the quarter
Outlook
LiveRamp expects Q2 revenue of $197 mln, up 6%
LiveRamp projects FY26 revenue between $798 mln and $818 mln
Company anticipates FY26 GAAP operating income between $81 mln and $85 mln
LiveRamp forecasts FY26 non-GAAP operating income between $178 mln and $182 mln
Result Drivers
DATA COLLABORATION NETWORK - Sales momentum across Data Collaboration Network contributed to revenue growth, per CEO Scott Howe
CROSS MEDIA INTELLIGENCE - New Cross Media Intelligence measurement solution drove substantial operating margin expansion
SUBSCRIPTION REVENUE - Subscription revenue rose 10%, contributing to overall revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $195 mln | $190.90 mln (6 Analysts) |
Q1 Adjusted Operating Income | Beat | $36 mln | $32.80 mln (6 Analysts) |
Q1 Adjusted Gross Margin |
| 72.0% |
|
Q1 Operating Income |
| $7 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Liveramp Holdings Inc is $37.00, about 13.4% above its August 5 closing price of $32.05
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nGNX8X7Gc9
