Latest news with #CleanRoom
Business Wire
a day ago
- Business
- Business Wire
LiveRamp and Walgreens Advertising Group Deliver Business Growth for Advertisers Through Robust Data Collaboration Partnership
SAN FRANCISCO--(BUSINESS WIRE)-- LiveRamp (NYSE: RAMP), the leading data collaboration partner, today announced it is powering Walgreens Advertising Group's (WAG) clean room solution. The partnership enables WAG, the retail media division of Walgreens, to increase access to its first-party data at speed, scale audience insights, and offer more transparency and control to advertisers. This enables brands to enhance media measurement across all platforms in the digital ecosystem and improve ROI with faster time-to-value. LiveRamp's data collaboration network enables WAG to unlock new insights, accelerate performance, and drive business growth. By strengthening WAG's identity infrastructure and ecosystem connectivity, LiveRamp extends the efficiency of WAG's first-party data solutions to improve personalization capabilities, access data at scale, and deliver real-time campaign performance insights. Using the LiveRamp Clean Room, granular campaign measurement is also possible across offsite publishers and walled gardens. These enhancements bring a multitude of new benefits to WAG advertisers and partners, including: Expanded collaboration based on Walgreens' unique national customer base, including more than 101 million myWalgreens loyalty members who generate billions of signals daily from online, in-store, and delivery activities Self-service access to syndicated and custom audience creation for more personalized targeting across the customer journey, using Walgreens' rich data combined with brands' desired media channels Activation at greater speed and scale across programmatic, walled garden, CTV, social, search, and buy- and sell-side platforms Consolidated measurement to optimize the performance of managed and self-service campaigns with more accurate and granular insights Enhanced interoperability, flexibility, and data governance to minimize the movement of data while collaborating with partners 'We're committed to empowering our partners with a transparent, self-service approach that allows them to leverage data on their own terms—with privacy in mind,' said Abishake Subramanian, Group Vice President of Customer Marketing and Media Monetization at Walgreens. 'Our focus is on investing in leading technologies that enhance data portability, audience scalability, and campaign measurability—while executing responsibly to create more meaningful experiences for Walgreens shoppers. With some of the most integrated and interoperable solutions in the marketplace that support upholding strict privacy protections, partners like LiveRamp play a key role in helping WAG deliver on this vision.' 'LiveRamp and WAG are helping advertisers get more from their media network investment by improving access, activation, and measurement across any partner or platform with speed and scale,' said Vihan Sharma, Chief Revenue Officer at LiveRamp. 'WAG is already a highly differentiated offering in retail and healthcare that decouples data and media. Advertisers can now further deepen their customer understanding, improve cross-channel performance, and enhance closed-loop measurement to drive ROI.' To learn more about the Walgreens Advertising Group, including the new offerings, visit Uncover the brand-building power of media networks at About Walgreens Founded in 1901, Walgreens ( has a storied heritage of caring for communities for generations, and proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico, and leading omni-channel platforms. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for retail pharmacy and health services, building trusted relationships that create healthier futures for customers, patients, team members and communities. Walgreens is the flagship U.S. brand of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader. Its retail locations are a critical point of access and convenience in thousands of communities, with Walgreens pharmacists playing a greater role as part of the healthcare system and patients' care teams than ever before. Walgreens Specialty Pharmacy provides critical care and pharmacy services to millions of patients with rare disease states and complex, chronic conditions. About LiveRamp LiveRamp is the leading data collaboration partner, empowering marketers and media owners to deliver exceptional experiences and drive measurable performance everywhere it matters with the world's most powerful data collaboration network. Built on a foundation of strict neutrality, unmatched interoperability, and global scale, LiveRamp enables organizations to maximize measurable outcomes and create lasting business value. Trusted by the world's leading brands, retailers, financial services providers, and healthcare innovators, LiveRamp is shaping the future of responsible data collaboration in an AI-driven, outcomes-focused world. LiveRamp is headquartered in San Francisco, California, with offices worldwide. Learn more at
Yahoo
2 days ago
- Business
- Yahoo
Circana Aggregated Retailer Data Integrated in the LiveRamp Clean Room, Accelerating Advertiser Ability to Boost Performance Outcomes
Chicago, June 10, 2025 (GLOBE NEWSWIRE) -- Circana, LLC today announced an expansion of its partnership with LiveRamp (NYSE: RAMP), the leading data collaboration partner, to increase advertisers' access to retail insights for end-to-end marketing optimization. This initiative underscores both organizations' dedication to meeting the growing demand for enhanced advertising performance by broadening access to actionable data and insights through secure, responsible data collaboration, all within the LiveRamp Clean Room. Circana, which tracks $5.8 trillion in consumer sales, offers the most comprehensive and verified consumer sales data in the industry. This data is fueled by unparalleled retailer membership loyalty card data for the U.S. CPG sector, providing noticeably greater sales coverage compared to other purchase-based data providers. Additionally, Circana's Complete Consumer™ receipt panel, representing approximately 200,000 static households, delivers robust insights across general merchandise industries, such as luxury beauty, consumer technology, apparel, foodservice, and others. With this integration, advertisers gain seamless access to Circana's aggregated, multi-outlet retailer transaction data, providing granular, omnichannel insights that can power real-time data-driven decisions and help brands win share. Marketers can now: Build smarter profiles with a deeper understanding of customer purchase behavior both within and across product categories, powered by Circana's premium data assets. Define and activate high-value audiences using Circana's known, aggregated multi-retailer purchase data that reflects actual consumer buying patterns. Distribute campaigns at scale across over 150 destinations via LiveRamp's powerful data collaboration network. Access standardized insights with minimal cost or complexity. Circana and LiveRamp remain focused on helping advertisers deliver on outcomes that prove ROI. As a further expansion to this solution, advertisers will be able to enrich their first-party data with Circana's purchase-based insights directly within the LiveRamp Clean Room, unlocking deeper analytics, more powerful modeling, and high-impact audience activation. They can also measure campaign performance in near real time, using conversion attribution to refine tactics and optimize marketing efforts to focus on those levers that drive measurable performance gains. 'Circana is committed to delivering the data and solutions our clients need to make confident, data-driven decisions that maximize sales outcomes,' said Dave Slowik, executive vice president of Global Media at Circana. 'This expanded partnership with LiveRamp reflects our shared mission to address evolving advertiser challenges with innovative, trusted solutions that fuel measurable results.' 'LiveRamp and Circana's growing partnership continues to enhance advertisers' ability to plan, target, activate, and measure effectively,' said Vihan Sharma, chief revenue officer at LiveRamp. 'Integrating clean room intelligence and standardization empowers data to become more connected, measurable, and adaptive, enabling more actionable insights and faster time-to-value.' About CircanaCircana is a leader in providing technology, AI, and data to fast-moving consumer packaged goods companies, durables manufacturers, and retailers seeking to optimize their businesses. Circana's predictive analytics and technology empower clients to measure their market share, understand the underlying consumer behavior driving it, and accelerate their growth. Circana's Liquid Data® technology platform is powered by an expansive, high-quality data set and intelligent algorithms trained on six decades of domain expertise. With Circana, clients can take immediate action to future-proof and evolve their growth strategies amid an increasingly complex, fast-paced, and ever-changing economy. Learn more at Media ContactShelley HughesEmail: CONTACT: Shelley Hughes Circana +1 312-731-1782
Yahoo
13-05-2025
- Business
- Yahoo
CVLT Q1 Earnings Call: Cloud Security and SaaS Upsell Drive Outperformance, Guidance Points to Sustained Growth
Data backup provider Commvault (NASDAQ:CVLT) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 23.2% year on year to $275 million. The company expects next quarter's revenue to be around $268 million, close to analysts' estimates. Its non-GAAP profit of $1.03 per share was 10.7% above analysts' consensus estimates. Is now the time to buy CVLT? Find out in our full research report (it's free). Revenue: $275 million vs analyst estimates of $262.4 million (23.2% year-on-year growth, 4.8% beat) Adjusted EPS: $1.03 vs analyst estimates of $0.93 (10.7% beat) Adjusted Operating Income: $59.1 million vs analyst estimates of $53.97 million (21.5% margin, 9.5% beat) Management's revenue guidance for the upcoming financial year 2026 is $1.14 billion at the midpoint, beating analyst estimates by 2.8% and implying 14% growth (vs 18.4% in FY2025) Operating Margin: 9.7%, up from 8.1% in the same quarter last year Free Cash Flow Margin: 27.7%, up from 11.4% in the previous quarter Annual Recurring Revenue: $930.1 million at quarter end, up 20.8% year on year Billings: $313 million at quarter end, up 28% year on year Market Capitalization: $7.77 billion Commvault's first quarter results exceeded Wall Street expectations, as management credited strong customer demand for cyber resilience and rapid adoption of its SaaS-based data protection offerings. CEO Sanjay Mirchandani attributed the quarter's momentum to growing concerns around ransomware and compliance, with products like Active Directory Recovery and Clean Room winning large enterprise customers and driving higher subscription revenue. He noted, "Organizations are increasingly turning to Commvault to keep their business continuous," highlighting recent wins in regulated industries and cloud-first environments. For its forward-looking guidance, leadership emphasized continued investment in product expansion and cloud integrations to capture what it sees as a $24 billion market opportunity. CFO Jen DiRico explained the company's margin outlook and investment strategy as a balance between maintaining profitability and accelerating growth, stating that Commvault will "continue to invest behind the opportunity while also being thoughtful around our overall profitability." Management is monitoring macroeconomic conditions, but remains confident that demand for cyber resilience and cloud security will drive double-digit growth for the year. Commvault's management focused on customer adoption of its cyber resilience platform, product innovation, and expanding partner relationships as the main contributors to the quarter's results and outlook. Cyber resilience demand: Growing threats like ransomware and stricter regulations are making cyber resilience a top priority for customers, especially in financial services and healthcare. Commvault's solutions were cited in wins with major banks and multinational corporations seeking to consolidate and simplify their data protection. Product innovation and launches: The company introduced new capabilities, such as Active Directory forest-level recovery and Cloud Rewind, enabling faster recovery from cyberattacks and cloud data loss. Management highlighted the importance of these features for recovering critical business operations quickly, particularly as enterprises adopt more AI-driven workloads. SaaS and subscription momentum: Commvault's SaaS offerings—especially Active Directory, Clean Room, and Threat Scan—drove a significant share of new and upsell business. Subscription annual recurring revenue (ARR) grew sharply, and roughly 30% of SaaS customers now use multiple products, supporting management's cross-sell strategy. Partner ecosystem expansion: Collaborations with technology and cloud partners like AWS, Hitachi, and HPE accelerated international growth and enabled Commvault to win business by supporting compliance requirements such as GDPR and DORA. Marketplace transactions increased notably year over year. Hybrid and cloud-first strategy: Management emphasized Commvault's ability to deliver both on-premise and cloud-native protection, giving enterprises flexibility. Investments in hybrid and multi-cloud architecture were presented as competitive differentiators, helping to win customers migrating complex workloads to the cloud. Management's outlook for the coming quarters centers on sustained demand for cyber resilience solutions, continued product innovation, and prudent investment in growth initiatives. Cloud and cyber security tailwinds: The ongoing rise in cyberattacks, stricter compliance mandates, and enterprise adoption of hybrid and multi-cloud environments are expected to fuel continued demand for Commvault's offerings. Expansion of multiproduct adoption: Management aims to increase the percentage of SaaS customers using multiple offerings, leveraging cross-sell and upsell opportunities with newer modules like Threat Scan and Clean Room, which they believe will drive higher net retention. Balanced investment approach: While targeting double-digit revenue growth, Commvault plans to maintain margins through disciplined investment in R&D, sales, and partner enablement. Management noted the different margin profile of SaaS offerings and intends to balance growth with profitability. Eric Heath (KeyBanc Capital Markets): Asked how macroeconomic uncertainty is affecting customer demand and sales cycles; management replied that cyber resilience remains a priority and that no significant changes in customer buying patterns have emerged. Eric Heath (KeyBanc Capital Markets): Sought clarity on operating margin outlook and investment strategy; CFO Jen DiRico explained the flat margin guidance as a balance between seizing growth opportunities and maintaining profitability. Aaron Rakers (Wells Fargo): Requested detail on the integration and contribution of recent acquisitions; management emphasized that acquired products are now fully integrated and provide unique capabilities, especially for cloud-scale data recovery. Aaron Rakers (Wells Fargo): Inquired about progress in multiproduct SaaS adoption; leadership stated that the absolute number of customers using multiple products is rising, with net dollar retention remaining high. Param Singh (Oppenheimer): Asked about changes in the competitive landscape following industry consolidation; management responded that Commvault's focus on resilience and hybrid architecture is driving share gains, particularly in high-growth SaaS segments. Looking ahead, the StockStory team will be monitoring (1) the pace at which Commvault expands multiproduct adoption among SaaS customers, (2) the impact of new product launches and integrations on customer wins in regulated and international markets, and (3) the company's ability to sustain high net retention and ARR growth as the competitive landscape evolves. Execution on cross-sell initiatives and continued partner ecosystem expansion will also serve as key indicators of future performance. Commvault Systems currently trades at a forward price-to-sales ratio of 7×. At this valuation, is it a buy or sell post earnings? See for yourself in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
