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(RTTNews) - LiveRamp Holdings, Inc. (RAMP) shares are gaining more than 11 percent on Thursday morning trade in response to a narrower net loss for the fourth quarter, supported by 15.6 percent revenue growth, compared to the prior year.

The quarterly loss was $5.37 million or $0.08 per share, compared to loss of $31.36 million or $0.48 per share a year ago.

Revenue for the quarter increased to $171.85 million from $148.63 million last year.

For the first quarter, the company expects 12 percent growth in revenue to $172 million.

For fiscal 2025, revenue is projected to be between $710 to $730 million, up 8-11 percent.

Currently, shares are at $35.90, up 10.99 percent from the previous close of $32.34 on a volume of 1,248,705.

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