Marin Software Sees Q4 Non-GAAP Loss From Operations $(2.30)-$(2.00); Revenue $4.1M-$4.4M
Portfolio Pulse from Benzinga Newsdesk
Marin Software has provided its Q4 2023 financial outlook, expecting a non-GAAP loss from operations between $2.00 and $2.30 million, and net revenues between $4.1 and $4.4 million. The non-GAAP loss excludes effects of stock-based compensation, amortization of internally developed software, and costs associated with restructurings and governmental investigations of Google and Facebook.
November 02, 2023 | 9:58 pm
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Marin Software expects a non-GAAP loss from operations between $2.00 and $2.30 million in Q4 2023, and net revenues between $4.1 and $4.4 million. This could potentially impact the company's stock price.
The company's projected non-GAAP loss from operations could negatively impact investor sentiment, potentially leading to a decrease in the stock price. However, the actual impact will depend on various factors, including the overall market conditions and investor expectations.
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