secwatch.observer — SEC 8-K summary
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Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0000950170-25-070400
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marchex Q1 revenue $11.4M (-2% YoY), net loss $2.0M; sees Q2 sequential growth, positive EBITDA
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- GAAP revenue $11.4M vs $11.6M YoY; net loss $2.0M ($0.05/share) vs $1.5M loss.
- Adjusted EBITDA loss $0.8M; excluding $0.6M reorganization costs, loss $0.2M (flat YoY).
- CEO expects Q2 revenue sequentially up and adjusted EBITDA positive.
- Board authorized new share repurchase program of up to 3M shares, no expiration.
- Sold domain phonenumbers.com for $0.8M; expanding OEM auto channel to 3,000+ dealers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000095017025070400/0000950170-25-070400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000095017025070400/mchx-20250513.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-070400

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