Marchex (MCHX) Reports In-Line Q4 EPS
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Marchex (MCHX) Slight Beat But Accelerating Spending - Piper Jaffray
February 19, 2016 8:19 AM ESTPiper Jaffray analyst, Gene Munster, cut his estimates and price target for Marchex (NASDAQ: MCHX) but maintained the Overweight rating on as the company acclerates investment for growth and Omnicom comes on line.
Marchex reported Q4 revenue of $34.9 million vs the Street's $33.7 million, a 4% beat. EBITDA was $2.9 million vs the Street's $2.5 million. Enterprise revenue was $25.3 million or about 74% of total call driven revenue.... More
