By Connor Hart
Shares of LiveRamp climbed after the company logged higher-than-expected adjusted earnings and revenue in its fiscal fourth quarter and issued an upbeat outlook for the current year.
The stock was up 7.3%, to $30.11, in after-hours trading. Through Wednesday's close, shares are down 13% in the past year.
The data-software company posted a net loss of $6.3 million, or 10 cents a share, for its three months ended March 31, compared with a loss of $5.4 million, or 8 cents a share, a year earlier.
On an adjusted basis, the company notched earnings of 30 cents a share, beating the 28 cents a share that analysts surveyed by FactSet expected.
Revenue increased 10% to $188.7 million and topped the $185.4 million that analysts modeled.
Subscription revenue climbed 9%, while marketplace and other revenue jumped 14%.
Chief Executive Scott Howe said the company plans to focus on controlling what it can in the current year, including making its platform faster and easier to use, launching new products, and managing costs and growth investments.
LiveRamp guided for sales of $191 million in the current quarter, ahead of the $188.8 million that analysts forecast. For the year, the company projected sales between $787 million and $817 million, the midpoint of which is above the $799.1 million that analysts modeled.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
May 21, 2025 18:11 ET (22:11 GMT)
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