8-K/A
filed May 8, 2024, 7:59 PM ET
ticker MCHX
CIK 0001224133
earnings
confidence high
sentiment neutral
materiality 0.50
Marchex Q1 revenue falls 5% to $11.6M, net loss narrows to $1.5M
MARCHEX INC
2024-Q1 EPS reported
-$0.03
revenue$11,573,000
- GAAP revenue $11.6M, down from $12.2M YoY; net loss $1.5M ($0.03/shr) vs $4.5M ($0.11/shr) in prior year.
- Adjusted EBITDA loss narrowed to $0.4M from $2.8M YoY, inclusive of $235K reorganization costs.
- Adjusted non-GAAP loss per share ($0.02) improved from ($0.08) in Q1 2023.
- Signed new US Auto OEM channel partner and expanded multi-year Home Services customer agreement.
- Launched Sentiment Suite APIs for conversational AI; overall conversation volumes down modestly QoQ from macro factors.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MARCHEX INC reported first quarter ended March 31, 2024 results: EPS adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02).
- Period
- first quarter ended March 31, 2024
- EPS
- adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02)
- Result
- reported results
Exact text from the filing
GAAP revenue was $11.6 million for the first quarter of 2024, compared to $12.2 million for the first quarter of 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MARCHEX INC reported first quarter ended March 31, 2024 results: EPS adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02).
- Period
- first quarter ended March 31, 2024
- EPS
- adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02)
- Result
- reported results
Exact text from the filing
Net loss was $1.5 million for the first quarter of 2024 or $0.03 per diluted share, compared to a net loss of $4.5 million or $0.11 per diluted share for the first quarter of 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MARCHEX INC reported first quarter ended March 31, 2024 results: EPS adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02).
- Period
- first quarter ended March 31, 2024
- EPS
- adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02)
- Result
- reported results
Exact text from the filing
Adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02) compared to ($0.08) for the first quarter of 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MARCHEX INC reported first quarter ended March 31, 2023 results: EPS adjusted non-GAAP loss per share was ($0.08).
- Period
- first quarter ended March 31, 2023
- EPS
- adjusted non-GAAP loss per share was ($0.08)
- Result
- reported results
Exact text from the filing
Net loss was $1.5 million for the first quarter of 2024 or $0.03 per diluted share, compared to a net loss of $4.5 million or $0.11 per diluted share for the first quarter of 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
MARCHEX INC reported first quarter ended March 31, 2023 results: EPS adjusted non-GAAP loss per share was ($0.08).
- Period
- first quarter ended March 31, 2023
- EPS
- adjusted non-GAAP loss per share was ($0.08)
- Result
- reported results
Exact text from the filing
Adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02) compared to ($0.08) for the first quarter of 2023.
View on SEC.gov
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