Deutsche Bank Downgrades Marin Software (MRIN) to Hold

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Go back to Deutsche Bank Downgrades Marin Software (MRIN) to Hold

Marin Software Announces First Quarter 2016 Financial Results

May 5, 2016 4:16 PM EDT

SAN FRANCISCO, CA -- (Marketwired) -- 05/05/16 --

Reported first quarter Adjusted EBITDA of $1.4 million, an increase of $5.2 million, as compared to ($3.8) million in the first quarter of 2015 Reported first quarter net revenues of $27.2 million, up 3% year-over-year Reported first quarter operating cash flows of $0.7 million, as compared to ($3.8) million in the first quarter of 2015

Marin Software Incorporated (NYSE: MRIN), a leading cross-channel, cross-device performance advertising cloud provider for advertisers and agencies, today announced financial results for the first quarter ended March 31, 2016.

"Our first quarter... More