SAN FRANCISCO _ Marin Software Inc. on Thursday reported a loss of $7.3 million in its fourth quarter. Marin Software expects full-year results to range from a loss of $1.36 per share to a loss of $1.28 per share. Marin Software shares have fallen 17 percent since the beginning of the year.
SAN FRANCISCO (AP) _ Marin Software Inc. (MRIN) on Thursday reported a loss of $7.3 million in its fourth quarter.
On a per-share basis, the San Francisco-based company said it had a loss of $1.28. Losses, adjusted for one-time gains and costs, came to 92 cents per share.
The cloud-based digital advertising management company posted revenue of $17.7 million in the period.
For the year, the company reported that its loss widened to $31.5 million, or $5.59 per share. Revenue was reported as $75 million.
Marin Software expects full-year results to range from a loss of $1.36 per share to a loss of $1.28 per share.
Marin Software shares have fallen 17 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.10, a decrease of 45 percent in the last 12 months.
This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRIN at https://www.zacks.com/ap/MRIN
