Marchex (NASDAQ:MCHX) Announces Quarterly Earnings Results

Marchex (NASDAQ:MCHX) released its quarterly earnings data on Thursday. During this quarter, the technology company reported losses amounting to ($0.04) earnings per share. This figure fell short of analysts' consensus estimates, which anticipated losses of ($0.02). According to Zacks, this miss by ($0.02) indicates challenges for the company during the reporting period. The report also highlighted that Marchex experienced a negative net margin of 8.60% and a negative return on equity of 10.76%. In response to these results, Marchex updated its guidance for Q1 2025 to reflect its earnings per share expectations.

Marchex Stock Performance

On Thursday, shares of MCHX rose by 0.3%, gaining $0.01 to reach a trading price of $1.96. The volume during mid-day trading was 51,452 shares, which eclipsed the company's average trading volume of 46,331 shares. Currently, Marchex's 50-day moving average stands at $1.96, while its 200-day moving average is at $1.89. The stock has seen a significant range over the past year, with a 52-week low of $1.11 and a high of $2.40. Marchex has a market capitalization of approximately $85.62 million, a price-to-earnings ratio of -21.78, and a beta of 1.92.

Analysts' Ratings and Growth Forecast

Separately, StockNews.com initiated coverage on Marchex with a report issued on Sunday, assigning the company a "hold" rating. This suggests a cautious outlook from analysts as they monitor the company's performance and market conditions.

About Marchex Inc.

Marchex, Inc. is recognized as a conversation intelligence company that provides a range of conversational analytics and related solutions both in the United States and internationally, including Canada. Its key products feature:

• Marketing Edge: This tool identifies which marketing campaigns and channels are successfully driving inbound conversations, assesses what occurs during these conversations, and links converted sales back to the original marketing efforts.
• Sonar Business Text Messaging: An AI-enabled mobile messaging solution designed for operations, sales, and marketing teams to facilitate personalized communication with field staff, prospective clients, and customers.
• Marchex Platform Services: A comprehensive API-based conversation intelligence offering that empowers various teams within an organization to extract actionable insights from customer interactions.
• Spotlight: An analytics tool that utilizes AI for businesses with multiple locations to enhance their communication strategies.
• Engage: A solution that equips locations with applications aimed at improving overall performance.

Earnings, Marchex, Stocks