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Marin Software Reported Preliminary Q2 Revenue Of $4M Vs $4.4M YoY, Cash Balance Of $7.9M

Author: Benzinga Newsdesk | July 29, 2024 06:08am

Second Quarter 2024 Estimated Preliminary Financial Results:

Net revenue is estimated to total $4.0 million, as compared to $4.0 million for the first quarter of 2024 and $4.4 million for the second quarter of 2023.
GAAP loss from operations is estimated to range from ($2.3) million to ($2.1) million, as compared to ($2.5) million for the first quarter of 2024 and ($6.0) million for the second quarter of 2023.
Non-GAAP loss from operations is estimated to range from ($1.9) million to ($1.7) million, as compared to a non-GAAP loss from operations of ($2.0) million for the first quarter of 2024 and ($4.8) million for the second quarter of 2023.
Cash and cash equivalents are estimated to be $7.9 million as of June 30, 2024.

Posted In: MRIN