Marchex (MCHX) Reports In-Line Q2 EPS
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.