Shares of Liveramp Holdings Inc (NYSE:RAMP) rose sharply in pre-market trading.
Publicis acquired LiveRamp for $2.2 billion in all-cash deal at $38.50 per share. LiveRamp also reported better-than-expected fourth-quarter earnings.
Something went wrong.
LiveRamp reported quarterly earnings of 52 cents per share which beat the analyst consensus estimate of 50 cents per share. The company reported quarterly sales of $206.092 million which beat the analyst consensus estimate of $205.513 million.
Liveramp shares jumped 26.5% to $37.51 in pre-market trading.
