secwatch.observer — SEC 8-K summary
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Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0000950170-25-034693
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 5.02, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marchex Q4 revenue down 4% YoY to $11.9M; net loss widens; appoints new CFO Brian Nagle
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- Q4 revenue $11.9M (down from $12.4M); net loss $1.9M ($0.04 loss per diluted share) vs $1.1M loss last year.
- Full year revenue $48.1M (down from $49.9M); net loss improved to $4.9M ($0.11 per share) from $9.9M ($0.23).
- Adjusted EBITDA Q4 -$386K vs +$112K a year ago; full year -$230K vs -$3.4M.
- Brian Nagle appointed Principal Financial Officer and Principal Accounting Officer; joined Marchex in Aug 2024.
- Announced partnership with Microsoft Cloud AI Partner Program; Azure Marketplace launch expected Q2 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000095017025034693/0000950170-25-034693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000095017025034693/mchx-20250306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-034693

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer