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LiveRamp Holdings, Inc. reports developments for a data collaboration technology company serving marketers, media owners, advertisers, platforms, publishers, data providers, and commerce media networks. Recurring updates cover financial results, platform capabilities, privacy-focused identity resolution, clean room infrastructure, and AI-enabled measurement for marketing performance.
Company news also includes integrations and partnerships involving LiveRamp Marketplace, Conversions API (CAPI) Hub, RampID, and data onboarding workflows. These announcements describe how LiveRamp connects first-party data across advertising and media ecosystems while supporting audience activation, attribution, modeling, and cross-channel analytics.
LiveRamp (NYSE: RAMP) has announced the appointment of David Pann as chief product officer (CPO). With over 25 years of experience, including leadership roles at Microsoft and Yahoo!, Pann will oversee product design and strategy, aiming for global expansion beyond advertising. Additionally, Mohsin Hussain has been elevated to report directly to the CEO, contributing to engineering and technology integration. Both leaders are expected to enhance team performance and drive innovation at LiveRamp.
LiveRamp (NYSE: RAMP) announced its fiscal year 2022 first quarter earnings release is set for August 5, post-market close. A conference call will follow at 1:30 p.m. PT the same day to discuss the results. Registration for the call is available through their provided link. LiveRamp emphasizes its position as a leading data connectivity platform, highlighting its capabilities in safely utilizing data for improved customer experiences and business outcomes. For updates, investors can subscribe to their email alerts.
LiveRamp® (NYSE: RAMP) has announced significant leadership changes. Diego Panama has been appointed Chief Commercial Officer, overseeing revenue-generating activities, after a strategic search process. Grant Ries, former BlueKai founder, steps in as Executive Vice President of Emerging Markets, focusing on expansion outside advertising. CEO Scott Howe emphasized the importance of these roles and the depth of talent in the organization. Under Panama, bookings momentum has reportedly accelerated, with fiscal 2021 second-half bookings up over 50% year-over-year.
Ampersand, a TV advertising sales and technology company, has integrated with LiveRamp (NYSE: RAMP), enhancing audience customization for multiscreen TV advertising. This partnership allows advertisers to create custom audiences using first and third-party data across 85 million households and 150 streaming apps. The AND Platform, launched in 2020, centralizes campaign planning, buying, and measurement. It promises a more advanced, impression-based buying approach in the TV marketplace, marking a significant evolution in advertising strategies.
LiveRamp (NYSE: RAMP) has announced an expanded global partnership with Carrefour (OTCMKTS: CRERF) to enhance data collaboration through LiveRamp's Safe Haven technology. This initiative aims to improve analytics capabilities for retailers and consumer packaged goods partners across nine international markets, including new expansions into Spain, Italy, and Brazil. By leveraging privacy-preserving technologies, the partnership aims to deliver deeper insights, omnichannel activation, and improved measurement of marketing impacts on sales. Safe Haven is rapidly gaining traction, now serving over 45 clients across various retail sectors.
LiveRamp (NYSE: RAMP) announced the departure of Anneka Gupta, president and head of products, effective July 1, 2021, for a senior leadership opportunity in the tech sector. Gupta, a founding member since 2010, played a critical role in the company's growth from 20 to 1,200 employees. LiveRamp will promote existing executives to fill her responsibilities, ensuring a smooth transition. CEO Scott Howe expressed gratitude for Gupta's contributions and confidence in the company's position for continued growth in data connectivity.
LiveRamp (NYSE: RAMP) reported a strong fiscal year ending March 31, 2021, with total revenue of $443 million, up 16% year-over-year. Subscription revenue rose 17% to $357 million, accounting for 80% of total revenue. The company achieved a GAAP gross profit of $299 million, reflecting a 31% increase, while non-GAAP earnings per share reached $0.23. LiveRamp's Authenticated Traffic Solution is gaining traction, with over 400 publishers adopting it, and demonstrating a potential 343% ROI for advertisers. For FY22, the company projects revenue of up to $509 million, up 15% year-over-year.
LiveRamp (NYSE: RAMP) announced the global adoption of its Authenticated Traffic Solution (ATS) by hundreds of publishers and brands, enhancing performance amidst the decline of third-party cookies. Over 400 publishers, including 70% of the Comscore 20, have embraced ATS, leading to a reported 343% ROI for advertisers within three years. Notable results include a 403% increase in hotel bookings and a 40% rise in CPMs for Microsoft Advertising. The solution is gaining traction on major platforms, securing its position as a vital tool for customer engagement and data management.
LiveRamp (NYSE: RAMP) is set to announce its fiscal year 2021 fourth quarter and full-year earnings on May 25, following the market's close. Investors can join a conference call at 1:30 p.m. PT the same day to discuss the results. Interested parties can register for the call, which will also be available via a live webcast on the Investor Relations website.
LiveRamp positions itself as a leader in data connectivity, enabling businesses to leverage data for improved customer experiences and business outcomes.
LiveRamp (NYSE: RAMP) is expanding its operations by opening a new office in Greater Phoenix, aiming to hire 100 employees for full-time roles. Beginning summer 2021, executive leaders will be positioned in the area, enhancing employment opportunities. This initiative is part of the company’s strategy to strengthen its presence beyond remote work established during the pandemic. The company is recognized by Fortune as one of the Best Workplaces in Technology™ 2021, reflecting its commitment to employee welfare and career growth.