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Marin Software Inc Issues Q4 2013 Guidance; Earnings Guidance Above Analysts' Estimates; Raises FY 2013 Guidance

Wednesday, 6 Nov 2013 04:05pm EST 

Marin Software Inc announced that for the fourth quarter of 2013, it expects net revenues in the range of $21.0-$21.4 million, non-GAAP loss from operations in the range of $(7.4)-$(7.0) million and non-GAAP net loss per share in the range of $(0.24)- (0.22). For fiscal 2013, it expects net revenue of $76.5-$76.9 million, Non GAAP loss from operations of $(31.6)-$(31.2) million and Non GAAP net loss per share of $(1.08) to $(1.06). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $21.3 million, net income of $(8.3) million and EPS of $(0.25) for the fourth quarter of 2013; and revenue of $76.5 million, net income of $(34.6) million and EPS of $(1.14) for fiscal 2013. 

Company Quote

0.02 +0.24%
29 Aug 2014