Marin Software Q4 Loss Widens - Quick Facts

(RTTNews) - Marin Software Incorporated (MRIN) Tuesday said fourth-quarter loss widened to $8.1 million from $7.3 million in the same period last year. On a per-share basis, loss was $0.25, compared to $1.59.

Adjusted loss for the quarter was $7.0 million or $0.21 per share. On average, 16 analysts polled by Thomson Reuters expected the company to report a loss of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 28 percent to $21.8 million from $17.1 million last year. Analysts expected revenues of $21.26 million. Looking ahead to the first quarter, the company has forecast adjusted loss in the range of $0.28 to $0.26 per share, with revenues ranging between $21.4 million and $21.8 million. Analysts currently expect a loss of $0.26 per share on first-quarter revenues of $21.57 million.

For the fiscal year 2014, the company currently projects adjusted loss in the order of $0.94 to $0.90 per share, with revenues ranging between $95.0 million and $96.6 million. Analysts currently expect full-year loss of $0.96 per share on revenues of $93.68 million.