Marchex Q3 revenue $12.6M (-2% YoY); net loss narrows to $0.8M from $1.5M

MARCHEX INC

2024-Q3 EPS reported -$0.07 revenue$36,200,000

GAAP revenue $12.6M vs $12.8M Q3 2023; net loss $0.8M ($0.02/diluted share) vs $1.5M ($0.04).
Adjusted EBITDA $0.3M vs $0.4M; adjusted non-GAAP loss per share ($0.01) unchanged.
Phased rollout of vertical-specific AI solutions for automotive, home services, healthcare starting Q4.
New partnership with DealerOn to deploy call analytics and attribution for marketing optimization.
Annual meeting: all six director nominees re-elected; ratification of independent auditor approved.

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