Marchex, Inc. (MCHX) Scheduled to Post Earnings on Tuesday

Marchex, Inc. (NASDAQ:MCHX) is scheduled to be releasing its earnings data after the market closes on Tuesday, October 31st. Analysts expect Marchex to post earnings of ($0.01) per share for the quarter.

Marchex (NASDAQ:MCHX) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.02. The firm had revenue of $22.02 million during the quarter, compared to analysts’ expectations of $21.97 million. Marchex had a negative net margin of 15.53% and a negative return on equity of 10.65%. The business’s revenue for the quarter was down 36.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.02) earnings per share. On average, analysts expect Marchex to post $-0.15 EPS for the current fiscal year and $-0.12 EPS for the next fiscal year.

Marchex, Inc. (NASDAQ MCHX) opened at 3.14 on Friday. Marchex, Inc. has a one year low of $2.46 and a one year high of $3.75. The firm’s market cap is $134.25 million. The company’s 50-day moving average is $3.12 and its 200-day moving average is $2.95.

Several analysts have recently commented on the stock. ValuEngine raised shares of Marchex from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd. Zacks Investment Research downgraded shares of Marchex from a “buy” rating to a “hold” rating in a report on Thursday, July 6th.

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Marchex Company Profile

Marchex, Inc is a mobile advertising analytics company. The Company offers products and services for enterprises that depend on consumer phone calls to drive sales. Its media analytics products can provide actionable intelligence on media channels advertisers use to acquire customers over the phone. Its Marchex Omnichannel Analytics Cloud helps marketers connect customer conversions driven from paid media channels, including search, display and video, social and sites, to phone calls made to a business.

Earnings History for Marchex (NASDAQ:MCHX)

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