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 Inc. (MRIN) provides a cloud-based SaaS platform for digital advertising management, serving advertisers and agencies worldwide. This page aggregates official company announcements and relevant news coverage to help stakeholders track strategic developments.
Access timely updates including earnings reports, product innovations, and strategic partnerships in digital marketing technology. Our curated collection ensures comprehensive monitoring of MRIN's advancements in campaign automation, cross-channel analytics, and advertising optimization solutions.
Key content includes press releases about platform enhancements, financial performance disclosures, and industry analysis relevant to Marin Software's position in marketing technology. Bookmark this page for streamlined access to verified updates about the company's global operations and technological developments.
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.
Marin Software (NASDAQ: MRIN) reported its Q2 2020 financial results with net revenues of $7.3 million, reflecting a 42% decline from $12.5 million in Q2 2019. The GAAP operating loss was ($4.5 million), marking a 62% operating margin loss compared to (36%) last year. Non-GAAP losses also worsened, totaling ($3.6 million). The company received $3.3 million from the Paycheck Protection Program. A restructuring plan was announced aiming for $11 million - $12 million in annual cost savings, but will incur $1.5 million - $2 million in severance costs.
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