Marin Software Announces Third Quarter 2024 Financial Results
1. Marin launched Advisor, an AI-powered marketing virtual assistant. 2. The company expects $3.5M-$3.7M in annual savings from restructuring. 3. Q3 revenue decreased by 4% to $4.3 million year-over-year. 4. A new agreement with Google ensures revenue stability through minimum payments. 5. Cash reserves decreased to $5.6 million as of September 30, 2024.