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Marin Software Incorporated (NASDAQ: MRIN) empowers digital advertisers and agencies with its cutting-edge marketing technology. Headquartered in San Francisco with offices worldwide, Marin Software's mission is to optimize paid marketing programs through its flagship platform, MarinOne. This unified platform integrates search, social, and e-commerce advertising to help digital marketers target precise audiences, acquire new customers, and make data-driven decisions.
Marin Software offers a robust, cloud-based digital advertising management solution that spans various channels such as search, display, social, and mobile. The platform is designed to enhance financial performance, improve operational efficiencies, and facilitate better business decisions through its comprehensive suite of tools. These include advanced reporting and analytics capabilities that measure the effectiveness of advertising campaigns, as well as a user-friendly interface that streamlines campaign management and execution.
The company's software is provided as an integrated software-as-a-service (SaaS) solution tailored for both advertisers and agencies. Marin Software's technology automates many of the manual processes involved in digital marketing, allowing marketers to focus on strategy and creativity. The platform's ability to deliver actionable insights and improve marketing outcomes makes it a valuable asset for businesses looking to maximize their advertising ROI.
Recent achievements include expanded features in MarinOne, enabling more granular audience targeting and improved budget allocation. Current projects focus on enhancing the platform's AI capabilities to provide even more precise recommendations and predictive analytics.
Marin Software's financial condition remains robust, with continued investment in R&D to stay ahead in the rapidly evolving digital marketing landscape. Strategic partnerships with major tech companies and advertising networks further bolster its market position, providing clients with an extensive array of tools and integrations to optimize their advertising efforts.
For more information, visit www.marinsoftware.com.
Marin Software (NASDAQ: MRIN) reported Q1 2022 results with net revenues of $5.2 million, down 18% from $6.3 million in Q1 2021. The GAAP loss from operations was ($5.3) million, leading to a margin of (103%). Non-GAAP loss from operations was ($4.3) million, reflecting a margin of (84%). The company has launched significant product enhancements, including support for TikTok and improved tools for advertising on various platforms. A loan of $3.1 million was forgiven, with a remaining balance of approximately $0.2 million repaid.
Marin Software (NASDAQ: MRIN) will report its financial results for Q1 2022 on May 5, 2022, after market hours. A conference call to discuss these results will take place at 2:00 PM PT (5:00 PM ET) the same day. Participants can join by calling or via a live webcast. This call may include forward-looking statements regarding the company’s performance. Following the call, a recorded replay will be available until May 12, 2022. Marin Software provides a SaaS platform for advertising management across various digital channels, aimed at improving efficiency for advertisers.
Marin Software (NASDAQ: MRIN) reported Q4 2021 net revenues of $5.9 million, down 19% from $7.3 million in Q4 2020. The GAAP loss from operations was $5.3 million, leading to a GAAP operating margin of -91%. For the full year, revenues totaled $24.4 million, a 19% decline from $30.0 million in 2020. Despite a cash balance of $47.1 million, the company recorded substantial operational losses. Marin is expanding its digital marketing capabilities with new features and partnerships, including support for LinkedIn and Amazon DSP. Guidance for Q1 2022 will be provided soon.
Marin Software has announced a new integration with TikTok's Ad Manager, enhancing its MarinOne platform for optimized TikTok ad campaigns. This update provides advertisers with advanced insights and improved performance via machine learning. With TikTok's 1 billion active users, brands can engage meaningfully with consumers. Marin's platform offers industry-leading optimization tools, helping advertisers maximize their investment across TikTok and other paid channels. The company has managed over $40 billion in advertising spend over nearly 15 years.
Marin Software (NASDAQ: MRIN) will report its financial results for Q4 2021 on February 24, 2022, after the market closes. A conference call is scheduled for the same day at 2:00 PM PT (5:00 PM ET) to discuss the results, which may include forward-looking statements. The call can be accessed by phone or via a live webcast. A recorded replay will be available after the call until March 3, 2022. Marin Software provides digital marketing software aimed at enhancing advertising efficiency and transparency.
Marin Software has integrated LinkedIn Marketing Solutions into its MarinOne platform, enhancing campaign management and reporting capabilities. This upgrade leverages machine learning for improved performance in LinkedIn campaigns, crucial for B2B marketers targeting 800 million professionals. The platform allows seamless management across various advertising channels, aligning marketing efforts for better demand generation. Feedback from clients, such as Blast Analytics, highlights significant time savings and performance uplift from the new bidding technology. This innovation positions Marin Software to capitalize on LinkedIn's growth potential.
Marin Software announced a new integration with Amazon Ads' demand-side platform (DSP) on January 6, 2022. This collaboration allows brands to manage and optimize diverse Amazon Advertising campaigns, enhancing their reach through formats like display, audio, and video ads. MarinOne users can leverage advanced reporting, automation, and bidding tools to maximize their advertising efforts on and off Amazon. CEO Chris Lien emphasized the significance of this integration for Retail brands, aiming to improve return on investment for eCommerce ad spend.
Marin Software has partnered with CitrusAd to enhance its eCommerce advertising capabilities. This collaboration enables brands to optimize sponsored products and display ads via the MarinOne platform, tapping into CitrusAd’s innovative retail media solutions. With Marin managing over $40 billion in ad spend, the integration offers access to high-intent audiences at major retailers like Lowes and Petco. Featuring advanced analytics and bidding tools, this partnership expands Marin's competitive edge in the digital marketing space, thereby improving ROI for advertisers.
Marin Software (NASDAQ: MRIN) reported Q3 2021 net revenues of $6.2 million, down 9% year-over-year. GAAP loss from operations improved to ($3.3 million) compared to ($4.3 million) in Q3 2020, reflecting a GAAP operating margin of (53%). The company raised $38.8 million from stock sales and filed a $100 million shelf registration. Significant product enhancements were made in the ecommerce module, including integration with major platforms and new reporting support. The company provided Q4 guidance, focusing on maximizing marketing investments for advertisers.
Marin Software (NASDAQ: MRIN) has appointed Diena Lee Mann to its Board of Directors. With extensive experience in product management and digital marketing, Mann is expected to enhance Marin's strategic direction. Currently the VP of Product at SoundCommerce, she has previously served as CEO at Red Sky Blue Water and VP at iLink Digital. Her expertise in retail and B2B analytics is anticipated to support the growth of MarinOne, as digital advertising complexity increases. CEO Chris Lien highlighted Mann's qualifications as beneficial for Marin's goals.
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