Marchex Announces Fourth Quarter and Full Year 2020 Results

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Marchex (MCHX) Tops Q4 EPS by 3c, Revenues Beat

March 2, 2021 4:26 PM EST

Marchex (NASDAQ: MCHX) reported Q4 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $13.4 million versus the consensus estimate of $10.78 million.

Q4 and Full Year 2020 Financial Highlights1

GAAP revenue, was $12.7 million for the fourth quarter of 2020, compared to $13.4 million for the fourth quarter of 2019. GAAP revenue, was $51.2 million for 2020, compared to $54.5 million for 2019.Core analytics and solutions revenue was $12.5 million for the fourth quarter of 2020, which included the benefit of recognizing $274,000 of revenues that were reserved at the end of the prior quarter given... More