Liveramp Holdings Inc (NYSE: RAMP) stock fell 2.74% on May 29^th, 2019 and continued its bearish momentum on May 30^th, 2019, falling over 1.3% (as of 1:35 pm GMT-4; Source: Google finance). In Q4, the operating loss was $22 million and the pretax loss was $14 million. For FY 20, RAMP expects revenue to be in the range of $358 million and $372 million, up 25% to 30% and a non-GAAP operating loss to be in the range of $50 million and $70 million. This estimate includes approximately $15 million in transition costs. For FY 20, RAMP expect interest income to be of approximately $24 million and CapEx is expected to be between 4% and 5% of revenue.  For Q1, the company expect revenue to be of up to $78 million and an operating loss to be of approximately $29 million of which $10 million is associated with transition.

RAMP has recently acquired a European Consent Management Platform or CMP, called Faktor that enables companies with the digital presence to maintain their web and mobile visitors’ privacy preferences across all the company’s digital partners. Further, at March 31, ARR was $232 million, up 41%, a growth rate which is a full 10 points higher than a year-ago. The operating cash flow for the fourth quarter is of $38 million. LiveRamp has added 25 new direct subscription customers during the fourth quarter, bringing its total direct customer count to 665, which is an increase of 21% year-over-year.

RAMP in the fourth quarter of FY 19 has reported the adjusted loss per share of 13 cents. For the fourth quarter, total revenue grew 30%. Excluding the impact from Facebook’s discontinuation of Partner Categories, the revenue grew 40%. RAMP’s Subscription business grew 40% due to the continued strength of the enterprise and agency channels along with increased contribution from some of the Horizon 3 initiatives like B2B and second party data. Marketplace & Other revenue grew by whopping 43% driven by Data Store. Horizon 1, land and expand revenue increased 35% during FY2019. Horizon 2 revenue, which includes TV, Data Store and International, grew 49%, and the Horizon 3 revenue run rate has doubled and now exceeds $12 million.

During the fourth quarter, LiveRamp has repurchased 175 thousand shares for $10 million under its $1 billion stock repurchase program. Since inception of the share repurchase program in 2011, the Company had repurchased 22.6 million shares for $449 million,  and remaining capacity of $551 million is left.