Marin Software Incorporated (NYSE:MRIN) Files An 8-K Other Events
Item 8.01 Other Events.

On February 28, 2017, Marin Software Incorporated (the “Company”) issued guidance that the Company’s non-GAAP loss from operations for the first quarter ending March 31, 2017 would be between $(5.6) to $(5.1) million (“Q1 Operating Loss Guidance”) and non-GAAP net loss per share for the first quarter ending March 31, 2017 would be between $(0.14) to $(0.13) (“Q1 Net Loss Per Share Guidance”).

On May 9, 2017, the Company hosted a conference call to announce the financial results for the first quarter ended March 31, 2017 (the “Earnings Call”).  As stated on the Earnings Call, the Company’s non-GAAP loss from operations for the first quarter ended March 31, 2017 was $(3.2) million (“Q1 Operating Loss Results”) and non-GAAP net loss per share for the first quarter ended March 31, 2017 was $(0.08) (“Q1 Net Loss Per Share Results”), as stated on the Earnings Call. On the Earnings Call, the Company stated that the amount by which the Q1 Operating Loss Results exceeded the high end of the Q1 Operating Loss Guidance was $1.1 million, when it was actually $1.9 million, and that the amount by which the Q1 Net Loss Per Share Results exceeded the high end of the Q1 Net Loss Per Share Guidance was $0.03 per share, when it was actually $0.05 per share.

The corrected amounts are as follows: (a) the Q1 Operating Loss Results exceeded the high end of the Q1 Operating Loss Guidance by $1.9 million, rather than $1.1 million, and (b) the Q1 Net Loss Per Share Results exceeded the high end of the Q1 Net Loss Per Share Guidance by $0.05 per share, rather than $0.03 per share.

About Marin Software Incorporated (NYSE:MRIN)

Marin Software Incorporated provides a cross-channel, cross-device, enterprise marketing software platform for search, display and social advertising channels. The Company’s enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. The Company’s platform enables digital marketers to manage performance of their online advertising campaigns. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions, such as advertisement creation and bidding, across multiple publishers and channels, and optimize campaigns across multiple publishers and channels based on market and business data using its predictive bid management technology.

Marin Software Incorporated (NYSE:MRIN) Recent Trading Information

Marin Software Incorporated (NYSE:MRIN) closed its last trading session down -0.05 at 1.55 with 191,487 shares trading hands.