Marchex (NASDAQ:MCHX) Posts Earnings Results, Misses Estimates By $0.02 EPS

Marchex (NASDAQ:MCHX) released its quarterly earnings results on Thursday. The technology company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02), Zacks reports. The firm had revenue of $11.92 million for the quarter, compared to analysts’ expectations of $12.01 million. Marchex had a negative net margin of 8.60% and a negative return on equity of 10.76%. Marchex updated its Q1 2025 guidance to EPS.

Marchex Price Performance

MCHX opened at $2.10 on Friday. The company has a fifty day moving average price of $1.97 and a 200-day moving average price of $1.89. The firm has a market capitalization of $91.73 million, a P/E ratio of -23.33 and a beta of 1.87. Marchex has a one year low of $1.11 and a one year high of $2.40.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Marchex in a research report on Sunday, March 2nd. They set a “hold” rating for the company.

Marchex Company Profile

Marchex, Inc, a conversation intelligence company, provides conversational analytics and related solutions in the United States, Canada, and internationally. Its products include Marketing Edge that identifies which campaigns and channels are driving inbound conversations, evaluates what happens during those conversations, and closes the sales loop by connecting converted sales to marketing driven leads; Sonar Business Text Messaging, an artificial intelligence (AI) empowered intelligent workflow enabled mobile messaging solution that enables operations, sales, and marketing teams to communicate personally with field staff, prospects, and customers; Marchex Platform Services, a robust API-based conversation intelligence product that allows executives, sales, customer engagement, and marketing teams to apply Marchex AI to most any calls, regardless of communication platform, in order to identify actionable insights from conversations with their customers; Spotlight, an AI conversation analytics product for multi-location businesses; and Engage, a solution that provides locations with applications to enhance their overall performance.