2023-05-04 16:35:03 ET
- Marin Software press release ( NASDAQ: MRIN ): Q1 GAAP EPS of -$0.34.
- Revenue of $4.6M (-11.5% Y/Y).
- GAAP loss from operations was ($6.0) million, resulting in a GAAP operating margin of (130%), as compared to a GAAP loss from operations of ($5.3) million and a GAAP operating margin of (103%) for the first quarter of 2022.
- Non-GAAP loss from operations was ($5.0) million, resulting in a non-GAAP operating margin of (109%), as compared to a non-GAAP loss from operations of ($4.3) million and a non-GAAP operating margin of (84%) for the first quarter of 2022.
- Cash and cash equivalents were $23.7 million in the aggregate at March 31, 2023.
- Marin is providing guidance for its second quarter of 2023 as follows:
- Revenue is expected between $4.0M to $4.3M
For further details see:
Marin Software GAAP EPS of -$0.34, revenue of $4.6M