SAN FRANCISCO _ Marin Software Inc. on Thursday reported a loss of $10.5 million in its second quarter. On a per-share basis, the San Francisco- based company said it had a loss of 27 cents. For the current quarter ending in…
SAN FRANCISCO (AP) _ Marin Software Inc. (MRIN) on Thursday reported a loss of $10.5 million in its second quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 27 cents. Losses, adjusted for one-time gains and costs, came to 14 cents per share.
The cloud-based digital advertising management company posted revenue of $18.7 million in the period.
For the current quarter ending in October, Marin Software expects its results to range from a loss of 19 cents per share to a loss of 18 cents per share.
The company said it expects revenue in the range of $17 million to $17.5 million for the fiscal third quarter.
In the final minutes of trading on Thursday, the company’s shares hit $1.15. A year ago, they were trading at $2.62.
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
Keywords: Marin Software, Earnings Report
