Brief: Marchex Reports Q2 Loss Per Share $0.09

Marchex

10/08/2020 22:19

Aug 10 (Reuters) - Marchex Inc  MCHX.O :
    * MARCHEX ANNOUNCES SECOND QUARTER 2020 RESULTS
    * Q2 LOSS PER SHARE $0.09
    * Q2 REVENUE $25.8 MILLION VERSUS $26.3 MILLION
    * Q2 ADJUSTED NON-GAAP LOSS PER SHARE $0.05
    * ANNOUNCES INTENT TO DIVEST MEDIA ASSETS TO FOCUS ON
CONVERSATIONAL ANALYTICS AND SALES ENGAGEMENT SOLUTIONS
OPPORTUNITY
    * TO LAUNCH A JOINT AND EQUAL TENDER OFFER WITH EDENBROOK
CAPITAL,
LLC TO PURCHASE UP TO 10 MILLION SHARES OF CLASS B COMMON STOCK
    * NOT PROVIDING REVENUE OR ADJUSTED OPERATING INCOME OR
ADJUSTED
EBITDA GUIDANCE FOR Q3

Source text for Eikon:  ID:nBw8rjZcna 
Further company coverage:  MCHX.O 

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