MARIN SOFTWARE INCORPORATED - MRIN STOCK NEWS

Marin Software announced an integration with Criteo's Commerce Media Platform on August 19, 2021. This collaboration aims to enhance the management and optimization of digital advertising campaigns across various platforms, including retail media and display ads. CEO Chris Lien emphasized the growth potential in commerce media, while Marin has facilitated over $40 billion in advertising spend since 2007. With this integration, Marin users gain access to Criteo's extensive commerce data, improving campaign visibility and efficiency across search, social, and eCommerce advertising.

Marin Software (NASDAQ: MRIN) reported Q2 2021 financial results with net revenues of $6.1 million, a 16% decline from $7.3 million in Q2 2020. The GAAP loss from operations was ($3.0) million, improving from a loss of ($4.5) million in the prior year. The company introduced an eCommerce module and enhanced features for Instacart Ads, aiming to boost advertiser engagement. Marin's cash and equivalents stood at $14.4 million as of June 30, 2021. Additionally, the company raised $38.8 million through equity sales in July 2021, strengthening its financial position.

Marin Software announced new customer case studies showcasing the effectiveness of MarinOne across various marketing channels. The case studies highlight significant benefits, including a 30% decrease in cost-per-acquisition for Paddy Power Betfair and a 23% increase in conversion rate for Blast Analytics. These results indicate MarinOne's ability to enhance advertising efficiency and integrate performance across platforms like LinkedIn and Apple Search Ads. Marin aims to empower advertisers with improved bidding technology, driving growth in digital marketing investments.

Marin Software (NASDAQ: MRIN) will release its financial results for Q2 2021 on July 30, 2021, after market closure. A conference call to discuss these results is scheduled for the same day at 2:00 PM PT (5:00 PM ET). Investors can access the call via phone or through a live webcast. A recording will be available post-call through August 6, 2021. Marin Software focuses on digital marketing software aimed at enhancing advertising efficiency and transparency for clients globally.

On July 15, 2021, Marin Software (NASDAQ: MRIN) released its estimated preliminary financial results for Q2 2021. Net revenues are projected at $6.1 million, down from $7.3 million in Q2 2020. The GAAP loss from operations is estimated between $(3.0) million and $(3.3) million, an improvement from $(4.5) million year-over-year. Non-GAAP loss from operations is projected at $(2.8) million to $(3.1) million, better than $(3.6) million in Q2 2020. Cash reserves stand at $14.4 million as of June 30, 2021.

Marin Software has integrated Instacart Ads into its MarinOne platform, enhancing digital marketing capabilities for advertisers. This shift allows brands to engage customers directly at the point of sale, leveraging Marin's expertise in managing over $40 billion in digital ad spend. With Instacart being the leading online grocery platform in North America and serving over 600 retailers, this partnership is set to optimize advertising strategies. Automation tools in MarinOne will streamline campaign management and improve performance.

Marin Software (NASDAQ: MRIN) reported Q1 2021 net revenues of $6.3 million, down 27% from $8.7 million in Q1 2020. Despite a GAAP loss from operations of ($2.4 million) and a GAAP operating margin of (39%), the company improved its operating loss from ($4.4 million) last year. New product features include enhanced forecasting tools and support for Google Smart Bidding, aiming to boost marketing performance. The company is optimistic, highlighting the pace of innovation and a strong roadmap for future product developments.

Marin Software (NASDAQ: MRIN) will report its financial results for Q1 2021 on May 6, 2021, after market close. A conference call will take place at 2:00 PM PT (5:00 PM ET) the same day to discuss these results, which may include forward-looking statements. Interested parties can access the call via phone or a live webcast. A recorded replay will be available afterward until May 13, 2021. Marin Software aims to enhance efficiency and transparency in digital marketing, providing a unified platform for advertisers across various channels.

Marin Software (NASDAQ: MRIN) reported Q4 2020 net revenues of $7.3 million, down 36% from Q4 2019, with a GAAP loss from operations of ($3.1 million) and an operating margin of (43%). For the full year, revenues totaled $30.0 million, a 39% decline year-over-year. However, cash reserves increased to $14.8 million. The company highlighted successful developments in its MarinOne platform, including enhanced reporting features and new machine-learning optimizations, aiming to improve advertiser performance despite revenue declines.