UPDATE: Marin Software (MRIN) Reports Q2 Loss of $1.04, Miss on Revenues; Offers 3Q Revenue Outlook Below Consensus
Marin Software (NASDAQ: MRIN) reported Q2 EPS of ($1.04). Revenue for the quarter came in at $14.25 million versus the consensus estimate of $27.8 million.
"As we execute on our open, independent, cross-channel strategy, I am pleased to announce that Marin\'s support for Amazon Ads is gaining traction in the market with Amazon proving to be our fastest growing publisher in Q2 2018," said Chris Lien, Chief Executive Officer of Marin Software. "Our MarinOne platform will help advertisers thrive in a world where Amazon joins Google and Facebook as the dominant pillars of digital advertising."
GUIDANCE:
Marin Software sees Q3 2018 revenue of $12.3-12.8 million, versus the consensus of $29 million.
For earnings history and earnings-related data on Marin Software (MRIN) click here.