Marin Software Announces First Quarter 2016 Financial Results

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Deutsche Bank Downgrades Marin Software (MRIN) to Hold

May 6, 2016 6:46 AM EDT

Deutsche Bank downgraded Marin Software (NYSE: MRIN) from Buy to Hold with a price target of $3.00 (from $6.00). Analyst Nandan Amladi noted headwinds.

"Marin Software reported 1Q16 results of $27.2m/($0.01) vs. our estimate of $26.7m/($0.05) and consensus of $26.6m/($0.06). Revenue growth guidance... More

Marin Software (MRIN) Tops Q1 EPS by 5c

May 5, 2016 5:03 PM EDT

Marin Software (NYSE: MRIN) reported Q1 EPS of ($0.01), $0.05 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $27.2 million versus the consensus estimate of $26.63 million.

"Our first quarter results demonstrated strong annual improvement in our gross margins and over $1.4... More