LiveRamp (RAMP) Q2 2027 earnings summary

Executive summary

• Q2 revenue rose 7.4% YoY to $214.7m; net earnings declined to $18.8m from $27.4m, with diluted EPS of $0.30 vs. $0.42.

• The merger with Publicis closed on November 2, 2026, for $38.50 cash per eligible share; shares were delisted from the NYSE.

Financial highlights

• Q2 gross profit increased to $148.6m; operating income was $23.2m vs. $21.4m, while total operating expenses rose 5.5% to $125.4m.

• H1 revenue increased 8.6% to $428.7m; operating income reached $43.4m vs. $28.6m and net earnings were $36.3m vs. $35.2m.

• H1 operating cash flow was $55.2m vs. $41.6m; cash and cash equivalents totaled $394.6m at September 30, 2026.

Outlook and guidance

• Management expects available cash to meet working-capital and capital-expenditure needs in both the next 12 months and longer term.

• Remaining fixed customer-contract revenue obligations totaled $647.0m at September 30, 2026; $449.8m is expected to be recognized over the next 12 months, with substantially all recognized by December 31, 2032.