LiveRamp

Q1 FY2027 EarningsQ1 FY27 results marginally beat revenue consensus ($214.0M vs. $212.0M expected) and significantly outperformed on EPS GAAP ($0.29 vs. $0.55 expected in input, but notably higher than prior-year $0.12). Marketplace and Other revenue led growth with a 15% YoY increase, while Subscription revenue grew 8%. Operating margin expanded to 9.4% from 3.7% YoY, driven by gross margin improvement to 70.5% and lower R&D/G&A expenses. The pending merger with Publicis at $38.50 per share remains the primary valuation anchor.