Overview

* LiveRamp ( RAMP ) Q2 revenue rises 8% yr/yr, beating analyst expectations

* Adjusted operating income for Q2 beats consensus, reflecting strong operational performance

* Company repurchased 1.8 mln shares for $50 mln in Q2

Outlook

* LiveRamp ( RAMP ) expects Q3 revenue between $209 mln and $213 mln, a 7%-9% increase

* Company forecasts FY26 revenue between $804 mln and $818 mln, up 8%-10%

* LiveRamp ( RAMP ) anticipates FY26 non-GAAP operating income between $178 mln and $182 mln

Result Drivers

* DATA COLLABORATION DEMAND - Strong demand for Data Collaboration Network across retail, commerce media networks, and AI-powered advertising drove growth

* ARR GROWTH - ARR increased by $14 mln qtr-over-qtr to $516 mln, marking the largest sequential increase in seven qtrs

* GEOGRAPHIC EXPANSION - Expanded first-party data activation capabilities to ten new markets, enhancing growth potential

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $200 mln $197.30

Revenue mln (6

Analysts

)

Q2 Beat $45 mln $39.10

Adjusted mln (5

Operatin Analysts

g Income )

Q2 72.00%

Adjusted

Gross

Margin

Q2 $21 mln

Operatin

g Income

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 ( RAMP ) is $37.00, about 26.9% above its November 4 closing price of $27.03

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)