Marin Software (NASDAQ: MRIN) reported Q4 EPS of ($0.06), versus ($0.92) reported last year. Revenue for the quarter came in at $15.83 million, versus $17.69 million reported last year.

"We saw increasing adoption of our MarinOne platform in the fourth quarter," said Chris Lien, Chief Executive Officer of Marin Software. "All of our customers now have access to our latest technology to help them deliver performance from their Search, Social and eCommerce advertising. Support for additional channels like Apple Search Ads and YouTube, along with our recently announced revenue share agreement with Google, will help us drive growth for our customers in 2019."

Fourth Quarter 2018 Business and Product Release Highlights:

• Expanded MarinOne access to all customers, giving advertisers a more extensive view into advertising performance across Search, Social and eCommerce advertising.
• Added support for Apple Search Ads and YouTube in MarinOne, providing greater coverage for key publishers.
• Increased Amazon Advertising spend managed by Marin by 85% from the first quarter to the fourth quarter of 2018.
• Published two case studies highlighting the successful performance results driven by Marin Bidding for Amazon Sponsored Products.
• Launched support for Google Expanded Text Ads Enhancements, allowing longer ad copy, particularly for ads running on mobile.
• Certified by Google as one of the only click-measurement providers to measure select ad interaction events that occur on Google-hosted properties globally, including Showcase Shopping Ads, Local Inventory Ads and Model Automotive Ads.
• Debuted Marin Social Pacing Dashboard, a real-time view into performance against configurable targets on Facebook.
• Introduced Dynamic Product Ads for Auto on Social, which are a way to combine effortless automation with segmented targeting for prospects that are lower in the purchase funnel.
• Entered into and announced a three-year revenue share agreement with Google through which Marin will receive quarterly payments from Google to further develop Marin\'s enterprise technology platform and software products.

Fourth Quarter 2018 Financial Updates:

• Net revenues totaled $15.8 million, a year-over-year decrease of 11% when compared to $17.7 million in the fourth quarter of 2017.
• GAAP loss from operations was ($3.0) million, resulting in a GAAP operating margin of (19%), compared to a GAAP loss from operations of ($7.5) million and a GAAP operating margin of (42%) for the fourth quarter of 2017.
• Non-GAAP loss from operations was ($0.6) million, resulting in a non-GAAP operating margin of (4%), as compared to a non-GAAP loss from operations of ($5.4) million and a non-GAAP operating margin of (31%) for the fourth quarter of 2017.

GUIDANCE:

Marin Software sees Q1 2019 revenue of $12.3-12.8 million.

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