Marin Software Inc (MRIN) was Reiterated by Stifel to “Buy” while Lowering the Price Target of the company shares to $ 6 from a previous price target of $8 . Stifel advised their investors in a research report released on May 6, 2016.
On the company’s financial health, Marin Software Inc reported $-0.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 5, 2016. Analyst had a consensus of $-0.06. The company had revenue of $27.19 million for the quarter, compared to analysts expectations of $26.63 million. The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.15 EPS.
Marin Software Inc (MRIN) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $2.53 and reached the intraday high at $2.62. The bulls started the profit booking and pushed the shares to intraday low of $2.48. The trading session was marked by a volume range of 1,93,851 shares exchanging hands. The 52-week high of the shares is $7.62 and the 52-week low is $2.48. The market cap of the company stands at $96 M and there are 3,79,00,000 shares in public circulation.
Marin Software Incorporated provides a cross-channel advertising cloud platform. The Company’s platform enables digital marketers in performance of their online advertising campaigns. Its integrated platform is a software-as-a-service (SaaS) analytics workflow and optimization solution for marketing professionals. Advertisers use its platform to create target and convert audiences based on buying signals from users’ search social and display interactions. Its platform is integrated with publishers such as Baidu Bing Facebook Google Twitter Yandex Yahoo! and Yahoo! Japan. Additionally it has integrations with around 45 Web analytics and advertisement-serving solutions and enterprise applications enabling customers to measure the return on investment of their marketing programs. Its hardware consists of servers and network infrastructure. Its operating system is Linux. Its software platform is character-set language currency and time-zone independent.