Marin Software Incorporated (NYSE:MRIN) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Marin Software Incorporated Earnings Cheat Sheet
Revenue: Rose 59.51% to $18.2 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Marin Software Incorporated reported adjusted EPS loss of $0.26 per share. By that measure, the company beat the mean analyst estimate of $-0.31. It beat the average revenue estimate of $17.86 million.
Quoting Management: “Marin showed strong revenue growth in the second quarter as more advertisers and agencies adopted our cloud-based Revenue Acquisition Management platform to measure, manage, and optimize their digital advertising investments across search, display, social, and mobile channels,” said Chris Lien, founder and chief executive officer of Marin. “Leading digital marketers globally choose Marin’s solution to drive better revenue and business outcomes, while saving time and unlocking business insights.”
Key Stats (on next page)…