Marchex (MCHX) Reports In-Line Q2 EPS

August 9, 2016 5:15 PM EDT

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Marchex (NASDAQ: MCHX) reported Q2 EPS of ($0.02), in-line with the analyst estimate of ($0.02). Revenue for the quarter came in at $34.4 million versus the consensus estimate of $34.97 million.

Business Outlook

The following forward-looking statements reflect Marchex's expectations as of August 9, 2016.

Total Call-Driven financial guidance for the Third Quarter ending September 30, 2016

Call-Driven Revenue1 $30 million or more
Call-Driven Adjusted OIBA2 a loss of ($2) million to a loss of ($4) million
Call-Driven Adjusted EBITDA2 a loss of ($1) million to a loss of ($3) million

We are providing annual guidance on Call-Driven revenue which includes anticipated contributions by YP due to increased visibility in the remaining year outlook from this customer. We anticipate Enterprise Revenue for the full year will be lower than our previously stated annual guidance, primarily due to increasing variability in marketing budgets from a small number of our largest enterprise customers.

Total Call-Driven financial guidance for the year ending December 31, 2016

Call-Driven Revenue1 $128 million or more

For earnings history and earnings-related data on Marchex (MCHX) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Guidance

Related Entities

Earnings

Add Your Comment