Financial Outlook:
Marin is providing guidance for its third quarter of 2024 as follows:
| Forward-Looking Guidance | |||||||||
| In millions | |||||||||
| Range of Estimate | |||||||||
| From | To | ||||||||
| Three Months Ending September 30, 2024 | |||||||||
| Revenue, net | $ | 4.0 | $ | 4.2 | |||||
| Operating loss (Non-GAAP) | (2.1 | ) | (1.9 | ) | |||||
Non-GAAP loss from operations excludes the effects of stock-based compensation expense, amortization of internally developed software, impairment of long-lived assets, capitalization of internally developed software, non-recurring costs associated with restructurings, and certain professional fees that the Company has incurred in responding to third-party subpoenas that the Company has received related to governmental investigations of Google and Meta.