Brief: Liveramp To Acquire Habu

Liveramp Holdings

17/01/2024 22:41

Jan 17 (Reuters) - Liveramp Holdings Inc  RAMP.N :
    * LIVERAMP TO ACQUIRE HABU TO ACCELERATE THE POWER OF DATA
COLLABORATION
    * LIVERAMP HOLDINGS INC - UNDER TERMS OF AGREEMENT, LIVERAMP
WILL
ACQUIRE HABU FOR APPROXIMATELY $200 MILLION
    * LIVERAMP HOLDINGS INC - TRANSACTION IS NOT EXPECTED TO
HAVE A
MATERIAL IMPACT ON LIVERAMP'S FISCAL 2024 REVENUE AND NON-GAAP
OPERATING INCOME RESULTS
    * LIVERAMP HOLDINGS INC - EXPECTS TRANSACTION TO NEGATIVELY
IMPACT
GAAP OPERATING INCOME
    * LIVERAMP HOLDINGS INC - FOR Q3 EXPECTS REVENUE OF
APPROXIMATELY
$174 MILLION, AN INCREASE OF 10% YEAR-ON-YEAR

Source text for Eikon:  ID:nBw56lQhZa 
Further company coverage:  RAMP.N 

 ((Reuters.Briefs@thomsonreuters.com;))