earnings
confidence high
sentiment negative
materiality 0.65
Marchex Q2 2022 revenue down 3.6% YoY to $13.5M; net loss widens to $1.5M
MARCHEX INC
2022-Q2 EPS reported
-$0.07
revenue$26,681,000
- GAAP revenue $13.5M vs $14.0M in Q2 2021; net loss $1.5M ($0.03 per share) vs $0.3M loss prior year.
- Adjusted EBITDA positive $167K from negative $527K; non-GAAP EPS loss $0.01 vs $0.02.
- Conversation volumes down YoY due to customer inventory shortages, inflation, and macro factors.
- Customer traction in Home Services, Health Care, and Auto verticals; product awards won.
- No forward guidance provided; outlook section not disclosed.