Marchex (MCHX) Reports Q1 Loss of $0.03, Revenues Beat; Offers 2Q Revenue Guidance Above Consensus

Marchex (NASDAQ: MCHX) reported Q1 EPS of ($0.03), versus $0.02 reported last year. Revenue for the quarter came in at $26.4 million versus the consensus estimate of $24.99 million.

“Marchex is making important progress setting the foundation for leadership in conversational analytics and sales acceleration solutions,” said Mike Arends, Chief Financial Officer. “From launching innovative new products that solve critical pain points for our customers, to supporting our many world-class customers as they roll out strategic initiatives with Marchex solutions at the center, 2019 will be a significant step in setting the stage for Marchex to capture meaningful opportunities in this emerging market.”

GUIDANCE:

Marchex sees Q2 2019 revenue of $25 million, versus the consensus of $24.43 million.

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

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