LiveRamp Sees Q3 2024 Revenue $165M Vs $163.11M Estimate, Sees FY24 Revenue $632M Vs $625.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
LiveRamp has projected its Q3 2024 revenue to be $165M, slightly above the estimated $163.11M. The company also forecasts its FY24 revenue to be $632M, higher than the estimated $625.06M.
November 08, 2023 | 9:38 pm
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POSITIVE IMPACT
LiveRamp's revenue projections for Q3 2024 and FY24 exceed estimates, which could positively impact its stock price.
Companies that project higher-than-expected revenues typically see a positive reaction in their stock price as this indicates strong future performance. Given that LiveRamp's projections for both Q3 2024 and FY24 exceed estimates, this could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100