LiveRamp reports Q3 EPS 55c, consensus 46c

Reports Q3 revenue $195M, consensus $191.66M. Reports subscription revenue was $146 million, up 10%. Marketplace & Other revenue was $50 million, up 20%…Commenting on the results, CEO Scott Howe said, “We posted a strong quarter, with revenue and operating income exceeding our expectations, and revenue growing at a double-digit rate for the fourth consecutive quarter. Our sales momentum improved appreciably in the third quarter as our Data Collaboration Platform and clean room solution are resonating with customers. This confirms the substantial market demand for our platform that helps customers efficiently use their first-party data to deliver, measure and optimize their digital advertising.”