AP NEWS

Marin Software: 4Q Earnings Snapshot

February 14, 2019

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.

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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