Welcome to our dedicated page for Marin Software news (Ticker: MRIN), a resource for investors and traders seeking the latest updates and insights on Marin Software stock.
Marin Software Incorporated (formerly Nasdaq: MRIN) generated a range of news focused on its role as a provider of digital marketing and advertising management software, as well as on significant corporate and capital markets events. Historically, the company announced product enhancements, integrations, and platform capabilities aimed at performance-driven advertisers and agencies. Examples in its releases include AI-powered tools within its cross-channel advertising management platform, integrations with additional publisher channels, and features designed to help marketers manage spend and optimize campaigns across search, social, and eCommerce advertising.
In addition to product and customer updates, Marin Software’s news flow has included financial results announcements, where the company discussed quarterly revenue trends, operating results, and non-GAAP metrics, along with commentary on its business outlook. These releases often highlighted developments in its platform, such as new automation and analytics capabilities, and referenced strategic agreements related to search advertising.
More recently, the company’s news and filings have centered on listing compliance issues, delisting from Nasdaq, and a chapter 11 restructuring process. Marin disclosed notifications from Nasdaq regarding late filings of its Form 10-K and Form 10-Q, subsequent determinations to delist its common stock, and the suspension of trading on Nasdaq. The company then announced that its board had approved a plan of dissolution, and later reported that it had filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the District of Delaware, along with related financing and restructuring support agreements.
For readers reviewing MRIN-related news, this page serves as an archive of historical press releases and regulatory announcements relating to Marin Software’s operations, platform developments, financial reporting, Nasdaq listing status, and chapter 11 reorganization. Because the company’s common stock has been delisted and, according to its confirmed plan of reorganization, all outstanding shares have been cancelled and discharged, the news associated with MRIN primarily provides context on the company’s past activities and its transition through bankruptcy and deregistration.
Investors and researchers can use this news history to understand how Marin Software described its business, how its digital marketing platform evolved over time, and how its capital structure and public listing status changed leading up to and following the chapter 11 process.
Marin Software has integrated Instacart Ads into its MarinOne platform, enhancing digital marketing capabilities for advertisers. This shift allows brands to engage customers directly at the point of sale, leveraging Marin's expertise in managing over $40 billion in digital ad spend. With Instacart being the leading online grocery platform in North America and serving over 600 retailers, this partnership is set to optimize advertising strategies. Automation tools in MarinOne will streamline campaign management and improve performance.
Marin Software (NASDAQ: MRIN) reported Q1 2021 net revenues of $6.3 million, down 27% from $8.7 million in Q1 2020. Despite a GAAP loss from operations of ($2.4 million) and a GAAP operating margin of (39%), the company improved its operating loss from ($4.4 million) last year. New product features include enhanced forecasting tools and support for Google Smart Bidding, aiming to boost marketing performance. The company is optimistic, highlighting the pace of innovation and a strong roadmap for future product developments.
Marin Software (NASDAQ: MRIN) will report its financial results for Q1 2021 on May 6, 2021, after market close. A conference call will take place at 2:00 PM PT (5:00 PM ET) the same day to discuss these results, which may include forward-looking statements. Interested parties can access the call via phone or a live webcast. A recorded replay will be available afterward until May 13, 2021. Marin Software aims to enhance efficiency and transparency in digital marketing, providing a unified platform for advertisers across various channels.
Marin Software (NASDAQ: MRIN) reported Q4 2020 net revenues of $7.3 million, down 36% from Q4 2019, with a GAAP loss from operations of ($3.1 million) and an operating margin of (43%). For the full year, revenues totaled $30.0 million, a 39% decline year-over-year. However, cash reserves increased to $14.8 million. The company highlighted successful developments in its MarinOne platform, including enhanced reporting features and new machine-learning optimizations, aiming to improve advertiser performance despite revenue declines.
Marin Software (NASDAQ: MRIN) will report its financial results for Q4 2020 on February 25, 2021, after market close. A conference call is scheduled for the same day at 2 PM PT (5 PM ET) to discuss these results, which may include forward-looking statements. Interested parties can join the call by dialing provided numbers or via a live webcast. The company aims to enhance advertising efficiency through its SaaS platform, which serves marketers globally.
Marin Software (NASDAQ: MRIN) reported estimated preliminary financial results for Q4 and the full year of 2020. Q4 net revenues are projected at $7.3 million, down from $11.4 million in Q4 2019. GAAP loss from operations is estimated between $(3.1) million and $(3.4) million, showing improvement from $(6.2) million in the same quarter last year. Full year net revenues total $30 million, a 39% decline from $49 million in 2019. Full year GAAP loss from operations is estimated at $(16.3) million to $(16.6) million, improved from $(19.8) million in 2019.
Marin Software (NASDAQ: MRIN) reported a 42% decline in net revenues for Q3 2020, totaling $6.8 million, compared to $11.7 million in Q3 2019. GAAP loss from operations reached ($4.3) million with a (63%) operating margin. The company initiated a restructuring plan, affecting approximately 60 employees and incurring $1.1 million in costs. In a positive move, Marin raised about $6.0 million by selling 1.9 million shares under its offering program. Guidance for Q4 2020 indicates ongoing challenges amid the pandemic.
Marin Software (NASDAQ: MRIN) reported preliminary financial results for Q3 2020, estimating net revenues of $6.8 million, down from $11.7 million in Q3 2019. The GAAP loss from operations ranges from $(4.2) million to $(4.5) million, compared to $(4.1) million a year earlier. Non-GAAP loss is estimated between $(2.7) million and $(3.0) million. Cash and equivalents are estimated at $9.0 million as of September 30, 2020. Final results are pending and may vary from these estimates.
Marin Software (NASDAQ: MRIN) announced it will release its financial results for the quarter ending September 30, 2020, after market close on November 5, 2020. A conference call to discuss these results will take place at 2:00 PM Pacific Time (5:00 PM Eastern Time) on the same day. Interested parties can access the call by dialing (877) 705-6003 in the U.S. or (201) 493-6725 internationally, using conference ID 13710848. A live webcast will also be available. A replay of the call will be accessible until November 12, 2020.
Summary not available.
FAQ
What is the current stock price of Marin Software (MRIN)?
What is the market cap of Marin Software (MRIN)?
