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

• Marchex Inc MCHX.OQ reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -2 cents. The lone analyst forecast for the quarter was for a loss of 2 cents per share.

• Revenue fell 1.5% to $11.40 million from a year ago; analysts expected $11.92 million.

• Marchex Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $1.98 million.

• Marchex Inc shares had fallen by 9.8% this quarter and lost 16.0% so far this year.

FORECAST CHANGES

• 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.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "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 $4.00

This summary was machine generated from LSEG data May 13 at 09:51 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)