Welcome to our dedicated page for LiveRamp Holdings news (Ticker: RAMP), a resource for investors and traders seeking the latest updates and insights on LiveRamp Holdings stock.
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 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.
OpenWeb has announced a partnership with LiveRamp (NYSE: RAMP) to enhance publisher data strategies in a cookieless environment. This integration allows publishing partners to leverage LiveRamp's Authenticated Traffic Solution, enabling the activation of first-party data. Early results show a 22% increase in revenue per mille for authenticated users on Safari. The partnership aims to improve user experiences through contextual ads and strengthen publisher autonomy by providing access to a premium demand marketplace. This collaboration signifies a significant shift towards first-party data utilization.
LiveRamp (NYSE: RAMP) appointed Omar Tawakol to its board of directors. Tawakol has a robust background in cloud and data management from his roles at Cisco and Oracle. He previously founded Voicea and BlueKai, enhancing his expertise in data-driven marketing. Tawakol expressed enthusiasm about LiveRamp's innovative approach to data collaboration and customer experience transformation. His appointment signifies a strategic move to leverage his extensive knowledge, potentially positioning LiveRamp for future growth in the data connectivity market.
LiveRamp (NYSE: RAMP) has partnered with Google Cloud to enhance data identity capabilities through API access in the Google Cloud Marketplace. This collaboration aims to help customers create a unified view of their data, improving the use of actionable insights for better decision-making. Key benefits include enhanced security, improved performance, cost optimization, and maintaining consumer privacy. This strategic alliance follows LiveRamp's acquisition of DataFleets, further positioning the company in the cloud data landscape.
OpenX and LiveRamp (NYSE: RAMP) have expanded their partnership into Australia, enhancing local marketers' access to audience targeting through LiveRamp's Authenticated Identity Infrastructure. This integration allows marketers to reach users across various platforms, including connected TV, while respecting consumer privacy. The partnership previously achieved success in the US and aims to provide Australian marketers with data-driven, scalable solutions. Currently, LiveRamp's infrastructure supports 340 global publishers and processes 22 billion impressions daily, offering a cookie-less approach to media buying.