Marchex Inc reports results for the quarter ended in June - Earnings Summary

Marchex

04/08/2023 09:00

* Marchex Inc  MCHX.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 6
cents per share.
    * Revenue fell 7.3% to $12.52 million from a year ago;
analysts
expected $12.50 million. 
    * Marchex Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 33.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Marchex Inc shares had fallen by 4.0% this quarter and
gained 27.2% so far this year.
    * The company reported a quarterly loss of $2.74 million.
    * Wall Street's median 12-month price target for Marchex Inc
is
$3.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 08:00 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          -0.03          Beat
 Mar. 31 2023      -0.05          -0.08          Missed
 Dec. 31 2022      -0.02          -0.05          Missed
 Sep. 30 2022      -0.01          -0.01          Met