SAN FRANCISCO, CA / ACCESSWIRE / February 22, 2016 / Marin Software Incorporated (NYSE: MRIN) provider of a leading cross-channel performance advertising cloud for advertisers and agencies, recently reported Q4 2015 earnings. "We are pleased to report a strong finish to 2015. Not only did we exceed our revenue expectations in the fourth quarter, but we achieved positive Adjusted EBITDA, positive non-GAAP earnings per share and positive free cash flow for the first time in the Company's history," said David A. Yovanno, chief executive officer of Marin Software. "We are clearly making progress in transforming our business and we believe that our investments in the Marin platform position us to realize our multichannel Ad Cloud vision in 2016." The company reported fourth quarter Adjusted EBITDA of $3.5 million, an increase of $6.6 million, compared to ($3.1) million in the fourth quarter of 2014, generated $4.0 million of cash in the quarter, compared to a decline of ($7.5) million in the fourth quarter of 2014, and reported first ever quarter of non-GAAP profitability, resulting in non-GAAP earnings per share of $0.04.
For the full detailed research report with analyst comments Marin Software Incorporated (NYSE: MRIN) please follow the link. There is no cost obligation required to view analyst brief: http://bit.ly/1Oom3WG-MRIN-Analyst.
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