Marin Software: 4Q Earnings Snapshot
SAN FRANCISCO (AP) _ Marin Software Inc. (MRIN) on Thursday reported a loss of $2.8 million in its fourth quarter.
The San Francisco-based company said it had a loss of 48 cents per share. Losses, adjusted for one-time gains and costs, were 6 cents per share.
The cloud-based digital advertising management company posted revenue of $15.8 million in the period.
For the year, the company reported that its loss widened to $41.7 million, or $7.21 per share. Revenue was reported as $58.6 million.
For the current quarter ending in April, Marin Software said it expects revenue in the range of $12.3 million to $12.8 million.
Marin Software shares have risen 24 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.60, a fall of 27 percent in the last 12 months.