Marchex Inc expected to post a loss of 2 cents a share - Earnings Preview

Marchex

04/03/2025 21:19

Marchex Inc MCHX.OQ MCHX.O is expected to show a fall in quarterly revenue when it reports  results on March 6 for the period ending December 31 2024

The Seattle Washington-based  company is expected to report a 3.1% decrease in revenue to $12.012 million from $12.4 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.The company's guidance on October 31 2024, for the period ended December 31, was for revenue of $12.000 million.

​LSEG's mean analyst estimate for Marchex Inc is for a loss of 2 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Marchex Inc is $2.50​, above​ its last closing price of $1.98. ​​​

The company's guidance on October 31 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD-400 thousand.

This summary was machine generated March 4 at 21:19 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)