LiveRamp Holdings, Inc. (RAMP) SEC Filings & Earnings Calls

No material risk identified; routine governance change.

“Director resignation and board rebalancing; no operational or financial impact disclosed.”

Potential dilution from increased share reserve for equity compensation.

“2,500,000 additional shares authorized under equity plan.”

Merger litigation risk: stockholder lawsuits and demand letters could delay or adversely affect the merger.

“Three lawsuits filed; demand letters received; company denies allegations but supplements disclosures.”

Pending acquisition by Publicis Groupe introduces execution risk and potential distraction, though deal is on track.

“Publicis Groupe transaction still expected to close before the end of CY26. LiveRamp will not host an earnings conference call or provide financial guidance.”

No financial guidance provided due to pending acquisition, reducing visibility into future performance.

“In light of the pending transaction with Publicis Groupe, LiveRamp will not host an earnings conference call or provide financial guidance.” · word for word

Merger completion risk

“The Merger is expected to close by the end of calendar year 2026, subject to customary closing conditions, including approval by the Company’s stockholders at the August 2026 special stockholders' meeting and the receipt of required regulatory approvals.” · word for word

Litigation risk

“On January 24, 2025, a purported class action... was filed... alleging claims based on the California Constitution... The Company intends to defend this matter vigorously” · word for word

Macroeconomic uncertainty

“In light of the uncertainty regarding tariffs and other trade restrictions, risk of recession, the military conflicts in Europe and the Middle East, cost increases, capital markets volatility and general inflationary pressures, our liquidity position may change” · word for word

Merger Completion Risk

“The Merger is expected to close by the end of calendar year 2026, subject to customary closing conditions, including approval by the Company’s stockholders and the receipt of required regulatory approvals.” · word for word

Customer Concentration

“Our ten largest customers represented approximately 30% of our revenues during the twelve months ended March 31, 2026.” · word for word

Data Privacy Regulation

“The regulatory framework for data privacy issues worldwide is currently evolving and is likely to remain uncertain for the foreseeable future.” · word for word

Cybersecurity Breach

“A significant breach of the confidentiality of the information we hold or of the security of our or our customers’, suppliers’, or other partners’ computer systems could be detrimental to our business, reputation and results of operations.” · word for word

Third-Party Cookie Deprecation

“As the use of 'third-party cookies' or other tracking technology continues to be pressured by Internet users, restricted or otherwise subject to unfavorable regulation... our business could be materially impacted.” · word for word

Transaction subject to stockholder and regulatory approvals, including antitrust and CFIUS.

“Conditions include stockholder approval, HSR, non-U.S. antitrust, and CFIUS clearance.”

Tariff and trade policy risk

“The U.S. announced significant changes to its trade policies, including widespread tariff increases on imported goods, with potential for new tariffs and further increases on existing tariffs in the future, as well as revisions or terminations to existing trade agreements. In response, many countries have announced or are otherwise considering retaliatory ta”

Macroeconomic and geopolitical risk

“Other recent economic conditions, including ongoing inflationary pressures, organized labor disputes, high interest rates, significant foreign currency volatility, and military conflicts (as discussed below), continue to impact consumer discretionary income levels, spending, and sentiment in the U.S. and beyond.”

Supply chain disruption risk

“The global supply chain has also been negatively impacted by various factors, including disruptions in the Red Sea as discussed above. Although our business has not been significantly impacted by such disruptions, we have experienced some shipping delays impacting the timing of inventory receipts, and if such disruptions were to continue over a prolonged per”

Restructuring execution risk

“During the three-month periods ended December 27, 2025 and December 28, 2024, we recorded restructuring charges of $6.5 million and $1.6 million, respectively, primarily consisting of severance and benefits costs, as well as other charges of $0.8 million and $2.2 million, respectively, related to rent and occupancy costs associated with certain previously ex”

Loss of key technology executive could slow innovation and execution.

“CTO departure without stated succession plan.”

Litigation risk

“On January 24, 2025, a purported class action styled Riganian et al v. LiveRamp Holdings, Inc. and LiveRamp, Inc. ... alleging claims based on the California Constitution, the common law protections against intrusion upon seclusion, the California Invasion of Privacy Act, the Federal Wiretap Act and unjust enrichment.” · word for word

Customer concentration and contract risk

“the possibility that, in the event a change of control of the Company is sought, certain customers may attempt to invoke provisions in their contracts allowing for termination upon a change in control, which may result in a decline in revenue and profit.” · word for word

Data privacy regulation

“the possibility that there will be continued changes in the judicial, legislative, regulatory, accounting, cultural and consumer environments affecting our business... impairing our and our customers' ability to collect, process, manage, aggregate, store and/or use data.” · word for word

Macroeconomic uncertainty

“general and global negative conditions, risks related to tariffs and other trade restrictions, risk of recession, high interest rates, the military conflicts in Europe and the Middle East, capital markets volatility, government shutdowns, cost increases and general inflationary pressure and other related causes.” · word for word

Gross margin compression due to mix shift and investment.

“Non-GAAP gross margin of 72% compressed by 3 percentage points.” · word for word