On Jan. 17 LiveRamp Holdings Sees Prelim. Q3 2024 Revenue ~$174M Vs $165.32M Est.
Portfolio Pulse from Benzinga Newsdesk
LiveRamp Holdings has announced preliminary Q3 2024 revenue of approximately $174 million, which surpasses the estimated $165.32 million. This indicates a positive performance compared to market expectations.
January 18, 2024 | 2:36 pm
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LiveRamp Holdings' preliminary Q3 2024 revenue outperforms expectations, suggesting a potential positive impact on the stock price in the short term.
Revenue figures are a critical indicator of a company's financial health and performance. Beating revenue estimates typically generates positive investor sentiment and can lead to an increase in stock price. Given that LiveRamp Holdings has exceeded revenue expectations by a significant margin, this is likely to be viewed favorably by investors and could result in a short-term price increase.
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