afternoon, and I’ll everyone, detail Marin of to XXXX. you, an for quarter on for XXXX second joining Thank on Bob. outlook Good growth. our then the third and provide the observations my provide quarter initiatives our to today. on for our and thank results will update our you additional return Bob share call quarter
highlight we remain return I call, value. growth each and Marin to As shareholder to maximize committed to
online management advertising brands call achieve to platform to agencies to their the returns and cross-channel delivering plan maximize their on investments. platform advertising MarinOne. leading this Our focused enable from a is We this
customer MarinOne to in moderation on This report we a quarter, year-over-year our as in revenue continue to on our focused and basis. growth, is retention saw return good sound that are we efforts Our believe we share Marin’s a improvement in an to and to decline we new strategy we past attention that increasing that our the more the rest received, encouraging activities year given marketing brands to customer have feedback of and bring their business the this are activity. And agencies. I’m of pleased investment across
from our prior in the in our for from still observed digital spending pullback our for we to return a other customers downturn, $X.X factor adjustment. can year. we and last. the which QX previous will a QX, resumption and channels. can was managed economic drive the and came via We ad MarinOne at that relative spending the revenues crystal advertising in a Marin, previously multi-month reduced headwinds. our quarter a is relatively we decline trackable published in highly quickly have be to believe saw pullback digital at investments the advertising million the compared times pullbacks QX was but release, As [indiscernible] that spending, spending a don’t the acquisition. evaluated the In businesses downturns, contractual digital for announced in second basis, example, results in is today’s the of revenue In as the in current we don’t long spend down then when A guidance advertising economic of measurable to we middle due in or have saw given key earnings on advertising longer XXXX, brands which given to spending performance-oriented have that will as so ball platform, these we lead commitments digital view existing revenue for and But how expenses nature spending customer for channels existing or that results saw economic transitory of customer be in know
observing this for pullback Our customers. spend ad for our that are guidance across QX accounts we
to team. of loss the our even our lower revenue guidance operating quarter MarinOne the in for at continue we as end and QX due invest was Our low to our
cash reflecting million, to with in drive of brands and Our delivering for products support leading pursue quarter, our end to to global is was technology $XX.X of XXX. their balance in and the agencies. About our results headcount was end investment providing half roles, our customers. significant At QX significant total of approximately our resources the second team the Marin strategy our at
investments we monitor cash cost As has will management. balancing practice, been with our to our use closely, continue
well of on cross-channel of platform traverse Marketers engage devices calls, I’ve past the and path to range channels, points and need Marin of ally publishers Customers And better As publishers helps other do and digital at a an manage a journey. for measure, of online advertisers as not brands to online highlighted, and insights. brands these world’s the be seeks to agencies. Marin purchase. in business Amazon optimize discussed performance, the all on and walled driving connect this savings time leading Facebook, advertising play together, and dots. their customer prospects to their we leaving the have investments, gardens their Google,
investments We platform channels, digital performance supplement team can our that across provides experienced customers. spend These to retail experts e-commerce to I’m Our complement MarinOne to a focused rapidly social tools The its improve across publishers MarinOne the from opportunities to tools a our reallocate support media of of of publisher layer navigate greater highlight robust but don’t performance who advertising. marketing drive and brands as with publishers. brands more publisher unified a the generally publisher the understandably ad platform performance don’t from advertising are that encourage devices publisher. tools rewarding channels, to MarinOne search, layer, referring help online including don’t their digital to growing publishers with journey view a is spend of advertising the to on promote publishers, world and the complex compare to across By returns each each channel. across units of and performance to customer’s enable and brands
positive MarinOne the enhance We customer feedback. continue accuracy intraday and MarinOne’s of improved rollout we optimizations unlocking and clustering better to In functionality to with QX, and completed for all Bidding, dynamic customers. improved expand performance
performance a the allowing of their We MarinOne adjusting dayparting advertisers to by also or improve not are by introduced shown. scheduling multi-edit, support when they for are ad ads and
aggregation needs dimensions type campaign-level and and device, our metadata time dimension publisher. These roll-up view improved by views reduce that tags tools. These programs data publishers. the and significantly the a configurable user and analysis dimension changes data their match the also need further brands We segment their view are to fits to views, not the over predefined enable by way off-line of ability introducing in flexible for advertising business
identify including strategy performing two bids. which we RSAs bid artificially responsive below new goal without and insights, search raised first-page ads objects first-page any RSA identifies bids introduced efficiency are whose publisher minimum coverage, bid, the which to groups addition, and minimum In or
up to introduced hires functionality MarinOne users, efficiently, we chat We advertisers and of on and also more new allowing MarinOne. quickly in new streamlined the directly onboarding running and get
possible to navigate it’s having without our reach from to away customers for support So customer own ever for help team account. ask their and
enhancements and other the the program All compared of advertising drive and these as improve to tools when improving ability MarinOne offerings. well better of to publishers’ competitive as efficiency usability performance
launched we the workflows. key Engine publishers, social Social automate to help For Rules
to duplicate users to posts we on triggers the booster set performance status, made organic rules. With messaging campaign can will easier bid, Engines, the that of by adding ability aspect any amplify Rules and and more, adjust it message based
ads. to cross-channel support a to expand continue our Amazon As invest platform, we for
an for brands Amazon this agencies support e-commerce this breadth planned of ads and quarter for Amazon and to was webinar growing supporting status, Amazon highlight recently depth also robust publisher. their later given fast and capability potential Marin’s Marin partner verified acknowledging have Marin’s We of the for ads.
once in ads search to held support placements placements for ad downloads Apple App season we Apple of in the in Apple live highlight this continue these customer app slots an ads the to the which cross-channel Apple’s year. in App customers. the to part acquisition. gave currently QX, store the Store and ads on Apple to later customers API, our official go before more We support advertisers, of search marketers their offers two webinar who is to search apps one Marin partner, an As will results. one tab recently an Apple’s with search that the opportunity engage as holiday expected announced Store invest use which benefit us campaign and
provide App on discovery will stores the their to app new and and today two These prospects. for individual additional additional bring ad app Now placements homepage more app one will brands ads slots, opportunities Store pages. one
call, in for from There coming trackable that billion digital general, historically digital some with we in a industry years. talk or TikTok made shifting mentioned XXXX publisher. was digital recently such Analysts as ad In quarter’s As dollars and this spend partner channels budgets TikTok, will data. brands for budgets Marin behavior less ads advertising that one ads that also fast-growing we the in the are but forecast is social growth limited our pulled another estimate ad in are channels non-digital $XX measurable. not on have global strong an are last seeing from TikTok, the
Wave billion highly and the authentically with power engaged TikTok opportunity active Manager BXB and pleased recognized the Solutions of and Ad connect to as insights X MarinOne shared evaluation provides based experience. better strong search the integration was gives BXB social in by their QX share Forrester of TikTok’s Forrester XXXX I’m Advertising machine for recently best-in-class With of learning performance to and the users monthly through brands thorough that Marin with the as consumers our Our a a through performer brands automation. cited advertising and improves platform. on TikTok passionate globally, campaigns news
to Forrester able and providers the is a in this market advisory access technology a is third-party and role given space. review respected firm, highly in leading
of the our sign importance validation channels a of marketers coordinating strategy to of a cross-channel Forrester’s for across BXB is reach messaging prospects. brand’s
more BXB of for marketers marketing result needs MarinOne expect as to recognition. this We their a consider
with labor market digital needs some Marin’s mentioned meet services activities. tight which able Marin’s to managed is capabilities them media Advertisers strong Marin their support basis. an our this flexible during to level to to combined in help of buying are and continue often on experienced on As economic last we provides whereby now have interest I business need call, customers their see a especially marketers interim for to uncertainty staff, services
the significant the coopetition management leading changes support legislation federal in brands enjoys term. relationships as near publishers, of the an advertising antitrust of conduct to EU these the to and publishers role the also not of active at as the federal take and levels do platform. the of relationships ad against activities the regulate in as and digital in in Our place with independent investigations market. we backdrop There state agencies publishers the their government is well that Marin’s of leading potential expect leading Marin an could businesses benefit
any benefits to approximately to lawsuits revenue believe and these as a Although to fees to time Marin acquire drive has Marin them, that dollars conjunction online ad received ahead. Marin with investigations. customers various requests investigations, legal in in responding related increasing follow on opportunity QX optimize spent official outcomes. that not party tremendous creating measure, I need and these we in Marin has a more continue these spend for consumer target or to $XXX,XXX manage to investments and brands are
taking support and Bob team and digital our third our in XXXX. of to now increasing MarinOne investments these experts and with to digital platform efforts. approach in is agencies of seeing their second Marin leading And a our results interest advertising outlook and advertising quarter brands well cross-channel will quarter We’re review brands our the positioned financial for their
