Marin Software (MRIN) Reports Q4 Loss of $0.29, Revenues Miss; Offers 1Q Revenue Outlook

Marin Software (NASDAQ: MRIN) reported Q4 EPS of ($0.29), versus ($0.08) reported last year. Revenue for the quarter came in at $7.3 million versus the consensus estimate of $30.3 million.

Fourth Quarter 2020 Financial Updates:

• Net revenues totaled $7.3 million, a year-over-year decrease of 36% when compared to $11.4 million in the fourth quarter of 2019.
• GAAP loss from operations was ($3.1) million, resulting in a GAAP operating margin of (43%), as compared to a GAAP loss from operations of ($6.2) million and a GAAP operating margin of (54%) for the fourth quarter of 2019.
• Non-GAAP loss from operations was ($2.5) million, resulting in a non-GAAP operating margin of (34%), as compared to a non-GAAP loss from operations of ($2.1) million and a non-GAAP operating margin of (19%) for the fourth quarter of 2019.

"We are pleased with the ongoing rollout of our MarinOne advertising platform and our improved capital position. As more brands and agencies adopt MarinOne as a complement to publisher tools, they are seeing additional performance improvements and time savings benefits."

GUIDANCE:

Marin Software sees Q1 2021 revenue of $5.5-6 million.

For earnings history and earnings-related data on Marin Software (MRIN) click here.

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