RAMP - Earnings call transcript Q1 2019

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Operator

Good afternoon, ladies and gentlemen, and welcome to the Acxiom Fiscal 2019 First Quarter Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question-and-answer-session. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to turn the call over to your host, Ms. Investor of Head Dillard, Relations. Lauren

Lauren Dillard

Scott Good Thank forward-looking that Today's for results. press results welcome. and statements are you actual release uncertainties and may are and us you, With Jenson, to contain CFO. today quarter that operator. and joining first discuss Thank XXXX subject could materially. CEO; risks call afternoon cause our our our differ Howe, this to me Warren fiscal to

the to at referring Scott description Risk filings any detailed these during any A of will time, acxiom.com. today, we our release and At statements. our the our call to release. please call read copy revisions forward-looking section over Also, to a Howe. public press Factors non-GAAP For and schedules, Acxiom financial risks, of any undertakes release available to reconciliation the press be the including deck our of turn the this no to website. of posted obligation slide I'll on is financial publicly measures,

Scott Howe

Lauren. strong margins, across for areas another This quarter time of by business. an exciting to growth, line and joining the execution very solid afternoon thanks company Thanks, is for report we highlighted us. and are and continued expanding top Good pleased the all

track get industry believe solution a agreement initiatives To even Early Acxiom billion announcement, gains broader I'll to of definitive into $X.X Clients walk growth emerge a company in I more offer. offerings. During for deal set the at various outlook our high to to results impact. LiveRamp part AMS marketing vision, top by associates we greater to powerhouse and solutions a LiveRamp, entire massive for talent, quarter adjusted to a reaction much The IPG now opportunity and transaction and to will able a sees will attract remains and XX% on be experience close for as And receive market a up with all last to through my chance announcement rebrand on bigger update AMS business universally how solutions. Marketing we on brief Total on in larger the to revenue immediate and sell eager our start strong benefit Solutions quarter of of big month, positive, entered our to a its represents for finally, Client growth. today's the be point our this first year. quarter provide what combined the certain data-driven Warren have platform. transaction, and Facebook execute been scale constituents. SaaS level as and has at is was reiterate Shifting opportunities represented portion And value. The LiveRamp. gears best-in-class in ample up the call, world. much update discuss detail. our and from the third excited will an a for the Group following results X% on the quarter, new the a shareholders and early consumers you Interpublic the inside cash. first the which for and organization fiscal said reported win impact we then

Facebook, revenue, gross to in solid all increased margin by XXX geographies Excluding points quarter Total businesses. and Facebook, the expanded data driven management in AMS again X% grew revenue excluding margin company during our digital basis each with quarter. posted and data up segment XX%. a operating and

and right we highlighted bookings renewals. AMS two IPG. in by There a momentum of quarter, record-bookings pleased and the logo QX hand inside yet new On lot large to are is business of wins to positive impressive closed quarter off six a heels healthy AMS strong of another two and now

Moving LiveRamp. approximately Facebook, next a demonstrate was its revenue quarter posted improvement. which I we We continues often strong and exited the will up very to XX% and years million. Beneath full of XX a margin in XX%. again run $XXX next also making the XX%. the growth more with rate drive network to in of excluding be future we the to through our the effects. might that span line, to sustained both course about Warren which business fuel the growth. areas will walk LiveRamp record and horizons quarter points and valuable QX reached of LiveRamp growth margin Gross delivered it margin and, top accelerated are sustain this to the horizons those few segment and also topic talk over increased on meaningful different at decade. XX% the today a bets the I spend thought to Revenue growth growth on time three

This continuing winning have adding all with initiatives horizon existing our The clients. namely about clients propelled date client execute is new expanding to and relationships. starts to growth the first that on new

new technology quarter, clients. major and the data XXX verticals, agencies, and our with subscription-paying and than across During brands clients direct we we platforms client work more three providers. marketing added direct Today, worldwide over XX publishers,

global direct XXX we count top brand a current still area. this signaling and continue agency momentum addressable inside advertisers of ability term in lot have to up to and work XX% expand. We we additional our near growth brands. client the X,XXX lever a is our we An On includes vertical. market and runway land with of our believe Our experience basis, direct is year-over-year strong roughly

is on data subscription volume. pricing Our tiered

a expand. $X usage more pioneering use or across prospect as we clients we the as its its to use clients expand to as refer our grow. expand to coverage involves more should beyond leverage a to continue first-party paying their the refers programmatic, deliver practice, industry an this industry time from data to relationship their number on-boarding. Today, should meaningful This cases, marketer with we customer form, their XX basic built over consumer million the data and nearly experience digital more work the in most practice and speak as offline or So world. our own a see data in to business LiveRamp us to world allowing

For Dillard just me example, introduced Lauren moments ago.

her if for the her applied mobile another her backpack. a a when this data advertising just trekking as or Now, effort phone, encounters be to backpack, poles marketer their its to that Lauren serving opposed customer, bought they Lauren, can digital a say, relevant a knows offline ad ensure purchase ad, for on yet serve computer marketer just in

over that, that called channel. host and applications of LiveRamp's to see begin to sophisticated able digital is when a connections all marketplace Lauren partners add as of encounter data to new majority cases continue a cases I The second-party at to that clients ad and agencies identifier Resolution people grow Resolution to to own pleased leading do on-boarding XX such we data data the much client marketer integration mobile very particularly giving a any connect brands TV powers technology and or their and a interesting for third-party with use marketer and Of can targeting ID. Average measurement, The a measurement. across channels, they and level the grew more is be must entered cookie, partnership given into specifically a and and digital the is e-commerce am and but course Identity which their use ability sharing connected challenging recognize ability any per sophisticated platforms of in to to such granularity our approximately advanced time foundational her others. and ID Identity devices data on-boarding these more recently and network. as to with into first analytics, onboard share platform, new the distribute we people-based

deliver expanded our in during search or at easily Bing. ads search partnership capabilities In This ongoing CRM Audiences. the people-based on their to individual addition, target leverage we retarget to the marketers allows with Custom partnership to level Bing data Microsoft quarter,

attribution the to Microsoft store We are attribution with enable Bing's sales program. offline through working excited also to be

we Finally, commercial ADARA, a travel data partnership industry's coop. new recently with largest into entered the

to generate million businesses identity ADARA at data allowing ADARA's easily and just Horizon that beginning specifically LiveRamp, of this drivers from are X store. for match more inside strong data from digits part As each in a FY become license meaningful us, clients their encompasses double of international, of leverage alongside X. we more Horizon partnership, XXXX, data initiatives will to $XX In LiveRamp co-op. and to partner travel grow least newer become growth some data TV, and the revenue. expect of these

up revenue May, in despite Let more going business Facebook. briefly was excluding solid each turn. XX% effect me QX talk International, in with GDPR about our international than in into

ethically in our largely also share the That a added removed abandoning past they for two also UK well-prepared As that were large match those data-driven two across as said, CPG were reseller current in implementation, you not, be last rates of In the a a this top as that our is of will did call, expect when quarter. in expectations, as deals. partners done with XX added result in GDPR expect We remains rates logos result match slightly our from in marketing to impact not the cautious we we including extensive for Europe, we would and discussed appropriately. our network. healthy. France new our Of And some markets by XX am longer the to short-term remediated our over certain were GDPR, across we very services. on Europe and impacted readiness following QX companies match were platform pleased efforts GDPR sales normalize in recently our in believe fact, roster. and months this pipeline of cycles client a line and brands LiveRamp the Brands noncompliant are end are over the and I to years. of client QX,

party to medium innovative international us international term. over our we are for data and solutions be growth continue a bullish originating near second of most Some driver are from to sharing the like will

$XX drive advertising With it exist advanced U.S. comes it of by LiveRamp this to we the alone area. year and excited targeting the behavior influential is our formally TV the revenue data-driven in And one target advertisers an measurement. importantly, from. but this consumer and and in ad of ability and landscape is one over-the-top they connected quickly. now linear changing earlier is data-driven TV. opportunity their and today Next, TV, that when under to level, market or least the most the sophisticated billion are spend has TV, TV umbrella that TV Addressable are channels demanding and measure also person the that LiveRamp are progress the all all areas at launched continued TV to fall TV advanced evolving the of TV areas impact

unique think work in to In three fact, we all across areas. is ability LiveRamp its

first revenues the XXX%. doubled that clients During and important driven increased year-over-year one of pleased that, and are with by TV-related the Much time. we share partnership is the to our capabilities agencies. addressable we than brand division quarter, oneXone demand also Addressable, the of our this most leveraging more during TV TV campaign I saw Cadent for deepened current being addressable a am by quarter, volumes of

it or to travel significant data. investments make industries space. addressable our excited also to to automate like the bring made are platform MVPDs addressable to be We've easier ingest TV particularly operators new working and cable We TV for together to

of by We end top be expect of to six at the platform quarter. all live this MVPDs

before. of our data In and activated availability. last target from great data to Bombora tremendous result TransUnion, in two are and that IRI, the we've of and and efforts, beyond data brands TV we uptick a our on seen been There's data a a indicator activated gender. these strong store age including suppliers have As for outcome that awareness four never partners a have eager quarters,

our Finally, XXXX. that believe in fuel entered on we into FY the partnership front, TV recently several will partnerships growth help important we

TV the connected the quarter On by to the measurement in expect we partnership Innovid. side, end enable for connected with TV of services

software excited and Group upfront VideoAmp platform. also with to help are partner Media to their of planning power TV the We ahead video and national Omnicom cross-screen

for Data Finally, platform. Vantage, identity activation an pleased relationship announce television Viacom advanced planning resolution where industry-leading, we will enable TV expanded with to audience-driven and store. are Viacom Viacom's we

the As in technology. network we've LiveRamp scaled

is and connects which clients common from the to have for remains revenue signal platform, and additional we We broad to a and XX% example providers for other value ways our a a found and of more audience leverage unique revenue marketplace quarter. integration in seamlessly XX% The very revenue streams. that during great store data high than appetite store is to marketplace that the captured marketplace is incremental and Adjusting was identity up this, the as generate ecosystem. system the revenue, data data excess marketing in create data deliver XXX well healthy. quality network, leveraging of QX, identity-linked more for other data Data store appropriately LiveRamp's across was Facebook, sourced data up strong market's permission

our data We are from like is strong demand from the mentioned. looking the as providers well The store. also learning on year-over-year. into number seeing marketplace new data increased TV up to and supply machine continue providers companies And of we as demand side, to AI see just channels XX% plugged through as advanced I monetize companies,

X that and Horizon growth X, ubiquity people-based our consortium, to the second-party identity drive bucket. fuel will Horizon medium believe BXB, fall this the all feeds the data into planning all over potential we our sharing, adjacent long we term. are programmatic LiveRamp solution today markets includes of the Finally, and

pursued resources a lot, and Our has being we opportunities are allocating lot of summarize, of LiveRamp. are remained progress in intelligently. against a these To exciting each there these areas steady initiatives at

near-term winning while be focus clients. quarter set joining QX. thank strong ensuring strong nicely. would of Facebook for meaningful wins. optimism next In to with challenging to will hard said, some that, In the associates months the fiscal our I contributions. to enter a We Growth exit again of That as lot new continue call the over company. and our XXXX. is turn Warren. now business more several we and us cultivating like their the on up strong chapter pipeline sharing be However, we most believe to for public order to Thanks for to another I further we do to must we as existing a intend next closing, and due never our delivered this large growth we quarter for lapping linear look in sets forward up and work expect trajectory QX stand-alone And our growth emerge prepare LiveRamp a to over we ongoing our today. customers

Warren Jenson

afternoon, Thanks, good Scott, and everyone.

and last we the for results mixed that emotions. As so we This road with for we sale report LiveRamp prepared today's is separation as did are down and likely the the will call, we with consolidated quarter of well both AMS final AMS.

definitive We weeks. be have the few already filed our proxy and will expect proxy the released next within

addition It's years. entirely six proud today family. is likely LiveRamp an a has We of over quarterly great now have last of new and company ahead unique our business next Acxiom created AMS we be are early clearance. the we call. transaction the to transformed also is believe progress where an same received we're set it HSR and industry of made At category. with that AMS the the we closed be time, a incredibly leads and assets, leader. have plus and earnings skills and a the the highly people, will healthy IPG will

the middleware customer which people. We devices enables data by are What generation connecting experience. do of next customer is powerful with fundamental the experiences to we the and

long, just the for arguably that Our long strongest growth we quarter a speaks company's itself. performance finished in what is Consider time.

up XX%, XX%. revenue Excluding X%, Facebook, was our AMS and up up LiveRamp

a margin Our last gross quarters, In been gross has each least the in XX%. margin rarified our at of has seven now settled zone.

is now comfortably margin double-digit. operating Our in

most enabled In return mid-XXs. the This EBITDA has was million this our in its our ready XX%, us stand we to strong strong with by significant We this XX $XXX negotiated guidance de-risked was the is Facebook, high-teens. revenue we XX% repurchase million. LiveRamp's relationship LiveRamp's And fast excluding own. getting through for record quarter. a growth. it's we first our up program, comfortably for to commercial comfortably million Since revenue, capital full was at And for any finally, LiveRamp record of very XX%. shares for XX% to And quarter, $XX shareowners. fact, agreement. our the AMS, in importantly, This feel QX on acquired a million. a X.X comfortable is margin In now shares million performance strengthening IPG $XXX inception repurchased further our to performance. have of And estimate finally, year

to turn Our segment and XX%. record XX. operating gross continues Please margin Operationally, margin to our LiveRamp exceeded XX% a LiveRamp reached segment roll. Slide

rate $XXX run now revenue Our is million. approximately

Our dollar-based and customers. both are during Please beautifully of AMS to Slide clients million and their close each LiveRamp have In XX poised to direct XXX%. for turn another quarter strong net We be retention XX. and $XX chapter. we added the new continues now to summary, north next

appropriate Given total felt confirm it has our not the transaction we guidance. company closed, existing AMS to

shortly turn Please of We after will, course, update outlook closes. XX. our transaction to the Slide AMS

we a have HSR a As you months, can busy few Again, callouts. received see, already few clearance. expect we

help a has we AMS September, opportunity. objective some And further We held a QX reflect of of growth results sessions receive vote Once a early result, on sessions only we opportunities. expect believe educate in everyone will educational reported our newer close Our will continuing been of preliminary to other in strategies The focused will operations. as In would mid-September. expect we discontinued AMS LiveRamp on proxy these be transaction the our host in our approval, be couple and to filed. vote QX. and will assuming operations. is words, In in the shareholder

an changes, start Day to New October X:XX anticipate on We City hold intend we XX. nothing in presuming York So time. Analyst PM a

date. the save So please

days of company. Analyst shareholders, tender to our will launch all opened employees, a million officers, the and $XXX of Meeting. few the to This be directors including is intention Our within tender

that make aware officers wanted could may you change, circumstances we While participate. named to

XXXX let I This things Finally, accounting subject schedules, going and cost be of included assigned the GAAP business to a is change. results chart any Conversely, business any is stand-alone LiveRamp. about recorded that ops. goes directly away share some non-GAAP which in FY going XX. operations operations. to remarks, this Basically, a These to in In of assigned through and set schedules my continuing simple. plan to draft cost for summarizes to of that directly me as Slide are a financial be is operations. few the cannot those similar can you walk away pretty our discontinued section proxy. that are Discontinued to stated our continuing

case, our $XX in the So to was assignable was AMS remaining stops. $XX assigned And of $XXX million corporate overhead, million our to LiveRamp. million therefore, or directly just

of While stated are percentage model. correct our indicative long-term when costs, believe while performance revenue, not a when for XXXX. of of QX these go-forward long-term do not we XX. a business percentage presentation, as our Again, XX LiveRamp these presentation, technically revenue, as a continuing operations. costs, forma Slide indicative business or do of stated go-forward a This technically or a believe sheet as Slide FY slide March stated performance balance model. are X, is XXXX as performance pro of our we our correct summarizes

appropriately for our guidance our turn not this in XXXX. Despite Slide revenue, should additional we and our are we XX, please million with are in FY commercial our de-risking projection. to IPG in to QX approximately XXXX FY for approximately revenue LiveRamp. early LiveRamp. add Rather, $X Now, agreement $XX million close, changing Presuming outlook

We continue of growth revenue expect between XX%. XX% to and

XX%. more more we revenue and continue expect to growth continue Facebook, XX%, expect of we subscription than to Excluding grow to than

in the we revenue phasing a expected right provided a LiveRamp. that the growth chart, side Facebook QX. due In growth ago. our and QX, particular pay lapping solid. remains wins We rate our low large you our the for to attention expect be watermark to we hand year of of the to asked year of On said, math this revenue That for

revenues total increase by XX% revenues, Facebook, we to and excluding subscription second the or For quarter, more. both expect

store in Next, our such emerging our comps year-over-year to to as continue and strong pipeline data scale, TV as we our QX QX both normalize, converts. rebound and and rate expect businesses as growth our

faced challenges exposure in we revenue. revenue mind the appreciate others LiveRamp's Net, just was keep headwinds, have we don't XX. While million the X% or QX as of same EU have total others. that approximately GDPR-related Slide with $X

building few analysis. that, metrics you With additional thoughts. As with models, let start your included a me a which few help your we've close final should with

forward leaving IPG. This made no We in should time, one prevent time. place. transformation same us close Thank QX the a the LiveRamp. growth and again chapter are early market joining is At great is fall strong in this history. the be LiveRamp prime introduction today, most look of see ramp that to for the you will ready for we a for transaction an exciting and SaaS AMS obstacles asset stories today. We terrific

will to We open Operator? call the questions. your now

Operator

Markets. Instructions] from of first line question Your comes Salmon from Dan [Operator the Capital BMO

open. line Your is

Daniel Salmon

detail A a on you horizons different the I lot think on all LiveRamp, and there that whatnot touched all of I there. and had lot questions the opportunities for of

see on seeing with some cover? and opportunities there say second, at and just I'll as LiveRamp. just acquisitive past to has your a market in maybe lately. hear is horizon sure looking D.C. focused regulatory enforcement of properly there's unexpected love it may anything maybe, or LiveRamp be other But different just been out switch we're but jurisdictions sort time then else. hear But as in on areas more there in or place. of legislation deal the California, separation gotten as the you're much and of And there, to think Would pieces assets or of going of in you the GDPR if anyone obviously you Europe, to you're the of other for love general legislation you're invest through I'm ePrivacy in pieces guys would the starting there's to thoughts. out Scott, least and potentially not whether been So in that we've acquisitions how for identify at, you just more we've lot

Scott Howe

both Scott, Sure, questions here. handle and Dan. I'll It's

on an and off, on term. front of at in going like acquisition front, longer ton term growth, pull LiveRamp what's we the really a road We feel to like have fuel both have and first to now. open we right we levers So of near also us

foremost, so That of plate that the as our and about. have first we're always already the will focus is anything enthusiastic last our interesting. opportunities kick seven So we said, that's that on execution we tires on we for the of have years,

I in pursued second, case, added acquisitions. looked hindsight, And the looked think it our already things record like deals, in we Circulate, though made very the we towards best use those what's somewhat number economics itself we track always shareholder were when even one, acquisitions out. with capabilities things And borne quickly, capital. catalyzed seven of sizable important years, pricey the like Arbor, or were different We for hundreds they at we've doing. at speaks incredibly every of eye because an time that believe only strategic. whether LiveRamp, and we've three felt were those really it's In

you'll shift be don't in see of but very, efficient I capital strategic. to intend very So our also think any stewards philosophy. We

We of the you're we On like right pretty in highlighting some well GDPR. recent prepared were front, legislation the for things. felt

front. on one kind state the that be the of we that activity the explosion of at think horizon an might thing potential or new see explosion I is

adopt states what's highlighted wouldn't in a similar see, legislation. November, you so And be California. come dozen surprised more And additional to a I happened or half

to our privacy becomes all landscape, wind company more It privacy exists companies the is really for alone. for that us everyone in partners. and the all and difficult partner clients is regulation the regulatory time to with go it complexity complexity Our in think The the across more at like any industry back. about of belief important and it choose that our to that is

progresses, commercialize to we an over that our us As to in think be privacy and privacy and that's into time products our regulation for build going opportunity business.

Operator

from question Go Brett the next line [Operator your of Huff comes ahead. Instructions] Stephens. from And

line Your is open.

Brett Huff

a it those that often if of new quarters. think use many And I lower up was new several is the on I that went come you say a to things it recall, XX%. of at would below number with logos, logos little one cases, on bit Question And think cases. use the for I

So was bunch got a of still Was of it there get XX% range. to What existing the logos, do something low a but going difficult a this hump the of us change over little or that on cases is -- up you on? it kind changed else? quarter was more there XX%, Did won kind that clients bit? use

Scott Howe

you're Yes. steadily. I Well, think It been has And increasing things. first two off, right.

of I and use was march. we X.X ago kind every literally was, like, think quarter, up time by of of it shared that one statistic couple the first kind average that gone it on two a slow so years a and cases or steady

really, really doing about use will tell you I am space. is think cases. data. excited don't is a couple new exciting we're advanced utilizing -- still buy what yet of things have happened. One in it television I people we've Television added the pretty some most I

those fastest And tactics. TV, of media or billion small, middle we're a over-the-top any think television today, of linear three you some data-driven, addressable if them couple less represent the growing across most each of one three However, about of segments, that's right than those. while is in dollars the segments of television all

three think offers all to capabilities, the I of ways advertisers that fact, buy. want increasingly the space those agencies we're player only In in all of the three who and

to primarily based that people talking continued now XX% we Google was which search, a of So But that's that team second one. have A They share part back that's launching that we've I Bing grow -- -- about been through that are that for the also today. mentioned, I a come under while from launched world the launched at Microsoft. now. Bing I thing

search have so they're we Google for their full every whether or to needs. the of advertiser satisfies Bing, that's suite extend And use that buying that to case buying want

that's one. really another neat So

we while. So then you've other for got talk of me is we've the those about a that lot thing things evangelization done on. a going heard And

used Laura out working But leadership And built but LiveRamp. so capacity. still team it's be a they're an and us the up and this with she's named Desmond, to of under they're and leadership evangelization she's Starcom really do and advisory Laura to of her the what going with clients now CEO under small woman teaching

marketing a if as then and not do so works it more industry other copy. you to of And nothing need people is something

evangelization the think I dividends pay come. so in And to should us this for quarters

Brett Huff

kind And Can you again allocation again through of that of then, some of go I that you're for that just I you just us go forward the you through missed about, overhead? the Warren, point of it. for making gave slide the me? can kind me think looking on

Warren Jenson

to. And ops call, to accounting. on Brett's just else referring of frame the happy be reference what disc for for I'd everybody is

So in ops. in and which associated do with would shared some it I'm again, shared that ops flow is in disc that this to benefit proxy. some also of in to has continuing you the the a directly case bit and cost found our a you little what meaning the of you goes discontinued the operations LiveRamp, going AMS, of I accounting obviously is have our remarks. cost And to our flow said repeat to goes any with we presentation or to AMS When if AMS, formal benefit case would

-- model that don't about we we model, revenue, -- those are percentage went point a $XXX that $XX So costs move when go-forward think as that ahead. long-term continuing our first we operations. of to particularly think performance of or the million of the million as representative overhead, our our went you of we that look into When made of

XXXX, about that to are to they're color, is lumpy expect when we for you expenses in a what think ops when little bit FY and bit particular just additional continuing Now, think or tell you a a LiveRamp, messy. for we things, little about would add a be little Brett, going few

So LiveRamp. for we're let the out coming example, G&A. of be building quarters, for Well, to a and talk corporate the new going over me about course months

given will and are arrangements place be that agreements mostly separation forth. in lumpiness, this QX. Acxiom back that in of transition have We comp and some terminating We'll honestly, be between go the and some IPG as

cost side then an be is margin we'll cost little of the on have bringing presuming the expect close, starting into just considerable now interest bit as mention third a LiveRamp. levels pressure income. the AbiliTec we'll I'd that thing of other in early obviously, on The And quarter gross

to months we few going FY that quarters is sure focused What the bottom creating XXXX top operational So into deliver of are we line. transition. the doing both stability and during next on making these are the strong performance we as move in a short, on that quarters then be and

Operator

from next of Blair. Your question Klauber line from Adam comes the William

is open. Your line

Adam Klauber

just years, Scott, I Just lot following revenue of addressable you that of revenue Even or band one a like opportunity. you've big talked factors. big just some up us about opportunity it a and know couple Could of size two give how us a to seems TV a just on over any give idea. be?

Scott Howe

Yes.

we'll a excess a -- X%. you that tell on that certainly And who in XX%. do for to than data-driven in I X% digital focus the I of capture It's probably guidance, months we in percentage $XX how experienced not off here that people-based this overall in faster us, that closer decade's now that our personalization mean I For what today billion would I in have value on we billion, our kind still tactics, what is can't want well Today, growing most to saying, on in why of time in if that Analyst teeth is growing and shouldn't They're it's fairly at of coming spend buy. minute, it's their time XX%. whole but mean less There's can And wait at I that doing the the advertising. my as look what spend no digital a of we're television Day, a at than ground enabled. data base the small business. they're really clients the $XX the are while host can It's with and market, percentage of biggest overall as actually XX%, is be reason U.S. stake marketing element be media cut there clients television. do

really is our our capture we in we And demand. years. levers that there to data over important a execute will a up lot the so position of of ability that all to that, only big Quite play ability video capture couple of we're good next predicated think and we pent in think across on considering to three where is frankly, be the

Adam Klauber

then as Okay. going And you gave GDPR, far as I on. think international revenue a description what's good of

grew end seeing forth do to is the but good is think that a the by or of year growth the again normalize what which the end it sign, that you all with maybe year, of next we're year, will So before? and by international back and

Warren Jenson

continue growth We internationally. strong expect to would

were our Facebook. So as the opportunity and every of XX% in growth is one quarter, mentioned lot we of internationally We opportunities initiatives. a Scott over believe up there for excluding

looking accretive the for rate to be growth we're to future. for international our So foreseeable

Operator

further And we have no questions.

Warren will for I So closing to call turn Jenson remarks. the over

Warren Jenson

thoughts joining thank you, up us our We're wrap going four our really thanks, summarize everyone, just in messages and Well, that Terrific. call. our call to for operator, quick with today today. we believe

the all, transaction First track close. an on of AMS QX for early is

to want we is our that fact, for of be will is in XXXX reconfirmed transition. guidance year the a de-risked Secondly, FY guidance our reiterate year. and,

expect So for later a But in bottom everyone, some from to on committed strong and back Thanks, part continuing and forward top line. on the lumpiness. platform again, joining growth tomorrow. line, to We talking are we we look the expect the building year today and this bottom of for would at the in XXXX both finally, FY us. operations

Operator

call. this today's conference concludes And

You may now disconnect.

LiveRamp (RAMP) 10 Aug 182019 Q1 Earnings call transcript