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

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

Marchex Announces First Quarter 2019 Results

May 2, 2019 4:15 PM EDT

SEATTLE--(BUSINESS WIRE)-- Marchex, Inc.(NASDAQ: MCHX), a leading provider of call analytics that drive, measure, and convert callers into customers, today announced its financial results for the first quarter ended March 31, 2019.

Q1 2019 Financial Highlights

Revenue was$26.4 millionfor the first quarter of 2019, compared to $21.9 million for the first quarter of 2018. Core analytics revenue was$12.8 millionfor the first quarter of 2019, compared to $7.4 million for the first quarter of 2018. Net loss was $1.3 million for the first quarter of 2019 or $0.03 per diluted... More