Data collaboration platform LiveRamp beats Q2 revenue expectations on subscriptions strength

Liveramp Holdings

05/11/2025 21:28

Overview

LiveRamp 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 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 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/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$200 mln
$197.30 mln (6 Analysts)
Q2 Adjusted Operating Income
Beat
$45 mln
$39.10 mln (5 Analysts)
Q2 Adjusted Gross Margin
72.00%
Q2 Operating Income
$21 mln


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 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: ID:nGNX92x8T6

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(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.)