LiveRamp’s (RAMP) Profits Surge Just As A Buyout Nears The Finish Line

On August 5, LiveRamp reported first-quarter fiscal 2027 results, showing strong growth and positioning for its pending acquisition by Publicis Groupe. Revenue increased by 10% to $214 million, with operating income more than doubling to $20 million. GAAP operating margin expanded to 9%, while non-GAAP operating income rose 41% to $50 million.

Diluted earnings per share more than doubled to $0.28, and operating cash flow turned positive, reaching $17 million. LiveRamp is expanding its presence in AI advertising through new integrations with OpenAI, Databricks, and Adobe, as well as a new program called LiveRamp Agent Builders. Despite these improvements, the deal price remains fixed at $38.50 per share, and investors cannot verify the transaction's upside independently.

The merger still requires shareholder approval on August 17 and clearing customary conditions by year-end.