The following is a summary of the LiveRamp Holdings, Inc. (RAMP) Q4 2024 Earnings Call Transcript:

Financial Performance:

• LiveRamp exceeded Q4 revenue and operating income expectations, with total revenue up 16%, subscription up 11%, and marketplace up 38%.

• Revenue growth for FY'24 was 11% or 10% excluding Habu, marking a substantial improvement from initial growth estimates.

• Q4 non-GAAP operating income exceeded expectations by $3 million or 20%.

• Annual Recurring Revenue (ARR) reported growth of 10%.

Business Progress:

• LiveRamp launched the next-generation data collaboration platform, promising a seamless user interface, new ingestion pipes, and an expanded partner marketplace.

• The company improved their customer retention rate by 6 percentage points in FY'24.

• LiveRamp executed a new three-year contract with two major retailers showing substantial progress in their partnerships.

• The acquisition of Habu has allowed LiveRamp to expand its product offerings and client base.

• For the fiscal year 2025, LiveRamp aims to improve subscription growth and continue margin expansion.

• LiveRamp has been investing in its sales force and cloud strategy, restructuring its APAC operations and purchasing Habu to continue growing its business.

• They have started work on PAIRs with Google, where they are considered one of the key launch partners.

More details: LiveRamp IR

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