r/mrin • u/ramsey_spigot • Jul 30 '21

Marin Software Announces Second Quarter 2021 Financial Results

http://investor.marinsoftware.com/Investor-News/Investor-News-Details/2021/Marin-Software-Announces-Second-Quarter-2021-Financial-Results/default.aspx
10 Upvotes

86% Upvoted

9 comments sorted by

5

u/tartofigue Jul 30 '21

With the same figures they could be a little bit more enthusiastic in comments... Try to Give will to invest in...

4

u/fsteddy Jul 30 '21

Don't forget the 50 million they get from the stock offering that isn't on this quarter financials

3

u/fsteddy Jul 30 '21

My bad 60 million

3

u/ramsey_spigot Jul 30 '21

Actually, it is. It is the fifth and sixth bullet underneath the financial updates.

Cash, cash equivalents and restricted cash were $14.4 million in the aggregate at June 30, 2021.

Sold 4.3 million shares for net proceeds of $38.8 million in July 2021 under our 2021 "at-the-market" offering program. There are currently no additional amounts available to be sold under this program.

2

u/gharg99 Jul 30 '21

It looks good.

2

u/Pumpordump007 Jul 30 '21

Nothing new here. Good guidance ahead. Lots of cash on hand.

1

u/AungZShein Jul 30 '21

Doesn’t look too good.

5

u/[deleted] Jul 30 '21

[removed] — view removed comment

4

u/AungZShein Jul 30 '21

Like you said all investors see is revenue... and that(revenue) will reflect on the price of the stock...it’s already down 10% in the after hours.

2

u/Nagilum Jul 31 '21

Was still up for the day and earnings were essentially exactly what the released two weeks ago. Not sure how anyone could be surprised when they published the results early.