Marin Software Q2 Adj $(0.52) Up From $(1.62) YoY, Sales $4.04M Down From $4.36M YoY
Portfolio Pulse from Benzinga Newsdesk
Marin Software (NASDAQ:MRIN) reported Q2 losses of $(0.52) per share, a 67.9% improvement from $(1.62) per share YoY. Sales decreased by 7.22% to $4.04M from $4.36M YoY.
August 01, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Marin Software reported a significant improvement in quarterly losses, reducing them to $(0.52) per share from $(1.62) per share YoY. However, sales decreased by 7.22% to $4.04M.
The improvement in earnings per share is a positive sign, but the decline in sales may offset this in the short term. Investors may have mixed reactions, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100