LiveRamp Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 08, 2024 at 05:19 pm EST
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LiveRamp Holdings, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 173.87 million compared to USD 158.62 million a year ago. Net income was USD 13.98 million compared to net loss of USD 29.68 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to basic loss per share from continuing operations of USD 0.47 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to diluted loss per share from continuing operations of USD 0.47 a year ago. Basic earnings per share was USD 0.21 compared to basic loss per share of USD 0.46 a year ago. Diluted earnings per share was USD 0.21 compared to diluted loss per share of USD 0.46 a year ago.
For the nine months, sales was USD 487.81 million compared to USD 447.96 million a year ago. Net income was USD 17.25 million compared to net loss of USD 87.34 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to basic loss per share from continuing operations of USD 1.32 a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to diluted loss per share from continuing operations of USD 1.32 a year ago. Basic earnings per share was USD 0.26 compared to basic loss per share of USD 1.31 a year ago. Diluted earnings per share was USD 0.25 compared to diluted loss per share of USD 1.31 a year ago.
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.