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Marin Software (MRIN) Tops Q2 EPS by 2c

August 5, 2015 5:46 PM

Marin Software (NYSE: MRIN) reported Q2 EPS of ($0.20), $0.02 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $26.8 million versus the consensus estimate of $26.99 million.

"Marin Software delivered another solid quarter with 18% revenue growth in constant currency, and we are encouraged by the growing interest in our multi-channel advertising cloud across social, search and display," said David A. Yovanno, Chief Executive Officer of Marin. "Importantly, we are taking a renewed and disciplined approach to efficiency in the business and remain on track to achieving Adjusted EBITDA breakeven in the fourth quarter of 2015.

"I am also pleased with the addition of two new leaders in our finance group. As recently announced, Catriona Fallon has joined us as Chief Financial Officer, and brings to Marin proven financial leadership, strategic planning skills and execution capabilities. In addition, we recently brought on a seasoned professional, Jason Starr, to lead our investor relations efforts. I am confident that we now have the skill set and expertise needed to drive Marin's strategic initiatives and to improve and articulate our value to shareholders."

For earnings history and earnings-related data on Marin Software (MRIN) click here.

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