earnings
confidence high
sentiment neutral
materiality 0.75
Marchex Q2 revenue down 6% to $11.0M; net loss $0.4M; pro forma with Archenia shows growth
MARCHEX INC
- Q2 revenue $11.0M vs $11.7M YoY; net loss $0.4M ($0.01/diluted) vs net income $0.1M prior year.
- Adjusted EBITDA $0.7M including $1.0M acquisition/reorg costs; $1.7M before those costs (vs $0.6M reported).
- Pro forma with Archenia (closed Jul 1): Q2 revenue $15.5M, adj. EBITDA $1.0M ($2.0M before costs); Q3 outlook revenue $16.0-16.5M, adj. EBITDA $2.3-2.5M.
- Top 100 customers ~90% of revenue; ~1/3 presented, half purchased recurring/paid pilots; home services client annualized revenue rose from $500k to >$1M.
- Archenia acquisition closed July 1; early adoption encouraging; selective investment in sales/product to support 2027 growth.