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Marchex (MCHX) Misses Q4 EPS by 2c, provides outlook

March 6, 2025 4:20 PM

Marchex (NASDAQ: MCHX) reported Q4 EPS of ($0.03), $0.02 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $11.9 million versus the consensus estimate of $12.35 million.

Business Outlook

The following forward-looking statements reflect Marchex\'s expectations as of ​March 6, 2025​.

For the first quarter ending March 31, 2025:

Revenue is currently anticipated to be in the range of fourth quarter 2024 levels.
Adjusted EBITDA, excluding certain one-time expenses associated with organizational realignment, is currently anticipated to be in the range of fourth quarter 2024 levels. This takes into account typically higher first quarter operating expenses as compared to the fourth quarter of 2024 and some overlap of charges related to the completion of OneStack initiatives.

For the Fiscal Year 2025:

Revenue is currently anticipated to grow on a year-over-year basis, with the opportunity for sequential revenue acceleration throughout 2025, as we execute on a series of strategic, sequential product launch and go-to-market initiatives.
Gross margins for the full year 2025 are currently anticipated to be higher than 2024, with the opportunity for improvement during the year.
Adjusted EBITDA is currently anticipated to be positive for the full year 2025. Given the current belief that the Company can increase revenue sequentially while also continuing to gain expense efficiencies, the Company believes it has the opportunity to see meaningful improvements in sequential quarterly Adjusted EBITDA. To the extent this progress manifests throughout the year, we may have the ability to allocate some of these potential gains into incremental discretionary investments in growth initiatives.

“2024 was a year of transformation and we are highly focused on making 2025 a year of acceleration. With a strong foundation in place and a clear vision, we are confident in our ability to deliver sustainable growth while exercising financial discipline and creating long-term value for our customers and shareholders,” said Miller.

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

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