Marchex Inc reports results for the quarter ended December 31 - Earnings Summary

• Marchex Inc MCHX.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of two analysts for the quarter was for a loss of 2 cents per share.

• Revenue fell 3.8% to $11.92 million from a year ago; analysts expected $12.01 million.

• Marchex Inc's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $1.91 million.

• Marchex Inc shares had risen by 11.7% this quarter.

FORECAST CHANGES

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

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the advertising & marketing peer group is also "buy"

Wall Street's median 12-month price target for Marchex Inc is $2.50

This summary was machine generated from LSEG data March 6 at 10:36 p.m. UTC. ​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)