LiveRamp Expects Q1 FY25 Revenue Of $172M, Est $166.235M
Portfolio Pulse from Benzinga Newsdesk
LiveRamp expects Q1 FY25 revenue of $172 million, surpassing estimates of $166.235 million. The company anticipates a GAAP operating loss of $8 million and a non-GAAP operating income of $25 million.
May 22, 2024 | 8:09 pm
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LiveRamp expects Q1 FY25 revenue of $172 million, exceeding the estimated $166.235 million. The company also forecasts a GAAP operating loss of $8 million and a non-GAAP operating income of $25 million.
The revenue projection of $172 million surpasses the market estimate of $166.235 million, which is a positive indicator for the company's performance. Despite the GAAP operating loss, the non-GAAP operating income of $25 million suggests strong operational efficiency. This is likely to have a positive short-term impact on the stock price.
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