LiveRamp Holdings: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
LiveRamp Holdings (NYSE:RAMP) reported Q3 earnings with a 17.5% beat on EPS estimates, posting $0.47 versus the expected $0.4. Revenue increased by $15.25 million year-over-year. The company has a history of beating EPS estimates, which previously led to a 20.0% share price increase the day after last quarter's earnings announcement.

February 08, 2024 | 9:20 pm
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LiveRamp Holdings reported a significant beat on Q3 earnings and a notable increase in revenue compared to the same period last year.
Given LiveRamp Holdings' history of beating EPS estimates and the subsequent positive market reaction, as seen after the last quarter's earnings beat which led to a 20% share price increase, it's reasonable to expect a similar short-term positive impact on RAMP's stock price following this earnings report. The company's consistent performance in surpassing earnings expectations and achieving revenue growth strengthens investor confidence and could lead to an uptick in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100