Shares of LiveRamp Holdings, Inc. (RAMP) surged 6.89% in the after-hours trading session on Wednesday, following the company's impressive fiscal third-quarter 2025 earnings results that outperformed analysts' expectations.
LiveRamp reported adjusted earnings per share of $0.55, significantly beating the consensus estimate of $0.46. The data-services company also posted revenue of $195.4 million, exceeding Wall Street's expectations of $192.1 million and representing a 12.4% year-over-year increase.
The strong financial performance can be attributed to LiveRamp's continued growth in its core business of helping companies better target their marketing by merging offline and online customer data. The company's annual recurring revenue (ARR) reached $491 million at the end of the quarter, up 9.8% year-over-year, indicating a solid demand for its services. Additionally, LiveRamp's net revenue retention rate of 108% suggests that existing customers are spending more on its products and services over time.