Marin Software: 2Q Earnings Snapshot
Aug. 09, 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.