LiveRamp Holdings, Inc. (RAMP) shares surged 9.73% in pre-market trading on Thursday, following the release of its better-than-expected fourth-quarter fiscal 2025 results and an optimistic forecast for the coming year. The data-software company's strong performance and positive outlook have sparked investor enthusiasm, driving the stock to new heights.

LiveRamp reported adjusted earnings of 30 cents per share for the quarter ended March 31, surpassing analyst expectations of 28 cents per share. The company's revenue also impressed, rising 9.8% year-over-year to $188.72 million, beating the Wall Street consensus of $185.39 million. LiveRamp's adjusted gross margin stood at a healthy 72%, indicating strong profitability in its core operations.

Looking ahead, LiveRamp provided an encouraging outlook for fiscal 2026. The company expects first-quarter revenue of $191 million and projects full-year revenue between $787 million and $817 million. Additionally, LiveRamp anticipates GAAP operating income between $85 million and $89 million for the fiscal year, signaling continued growth and improved profitability. This positive guidance has likely contributed to the stock's pre-market rally, as investors anticipate sustained performance in the coming quarters.

The market's reaction to LiveRamp's results reflects growing confidence in the company's business model and growth prospects. With a current average analyst rating of "buy" and a median 12-month price target of $28.00, LiveRamp appears well-positioned for potential future gains. As the company continues to execute its strategy and capitalize on the growing demand for data-driven solutions, investors will be closely watching its performance in the competitive software industry landscape.