Marin Software (MRIN) PT Lowered to $2 at Stifel Following Solid 4Q
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Marin Software Announces Fourth Quarter and Full Year 2016 Financial Results
February 28, 2017 4:22 PM ESTSAN FRANCISCO, CA -- (Marketwired) -- 02/28/17 -- Marin Software Incorporated (NYSE: MRIN), a leading provider of cross-channel, cross-device, enterprise marketing software for advertisers and agencies, today announced financial results for the fourth quarter and full year ended December 31, 2016.
"Given the financial discipline we showed, Marin Software was able to deliver $2.4 million of Adjusted EBITDA for the full year, and exit 2016 with $35.7 million in cash and cash equivalents and restricted cash," said Chris Lien, chief executive officer of Marin Software. "This provides us the financial resources to support a... More
