How did RAMP's Q4 2024 earnings surprise impact investors?

LiveRamp's (RAMP) Q4 2024 earnings surprise of $0.06 had a generally negative impact on investors, as evidenced by the backtest results. The 3-Day win rate was 42.86%, the 10-Day win rate was 35.71%, and the 30-Day win rate was 57.14%, indicating that while there was some potential for short-term gains, the majority of the time, the stock experienced declines in the short term following the earnings surprise. The maximum return observed was only 0.65% over a 30-day period, suggesting that investors would not have seen significant benefits from holding the stock in the aftermath of the earnings surprise.