AP NEWS

Marin Software: 2Q Earnings Snapshot

August 9, 2018

SAN FRANCISCO (AP) _ Marin Software Inc. (MRIN) on Thursday reported a loss of $8.3 million in its second quarter.

On a per-share basis, the San Francisco-based company said it had a loss of $1.44. Losses, adjusted for one-time gains and costs, came to $1.04 per share.

The cloud-based digital advertising management company posted revenue of $14.3 million in the period.

For the current quarter ending in October, Marin Software said it expects revenue in the range of $12.3 million to $12.8 million.

In the final minutes of trading on Thursday, the company’s shares hit $4.75. A year ago, they were trading at $8.05.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRIN at https://www.zacks.com/ap/MRIN

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