Marchex Q3 revenue $13.2M (-3.6% YoY), net loss $1.6M vs income $3.3M YoY

MARCHEX INC

2022-Q3 EPS reported -$0.11 revenue$39,878,000

GAAP revenue of $13.2M, down from $13.7M in Q3 2021; net loss of $1.6M ($0.04 loss per share) vs net income of $3.3M ($0.07 EPS) a year ago.
Adjusted EBITDA break-even; adjusted non-GAAP EPS loss of $0.01, unchanged from Q3 2021.
Conversation volumes declined YoY as customers faced inventory shortages, inflation, and macro headwinds.
New enterprise customer traction in Home Services, Auto and other verticals; Marchex Anywhere integrations hub highlighted.
Company expects to launch new sales engagement products leveraging conversational data to expand Fortune 500 relationships.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MARCHEX INC reported the third quarter ended September 30, 2022 results: revenue $13.2 million, net income Net loss was $1.6 million, EPS $0.04 per diluted share.

Period: the third quarter ended September 30, 2022
Revenue: $13.2 million
Net income: Net loss was $1.6 million
EPS: $0.04 per diluted share
Result: reported results

Exact text from the filing

• GAAP revenue was $13.2 million for the third quarter of 2022, compared to $13.7 million for the third quarter of 2021. • Net loss was $1.6 million for the third quarter of 2022 or $0.04 per diluted share, compared to a net income of $3.3 million or $0.07 per diluted share for the third quarter of 2021.

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Source: SEC EDGAR

accession 0001564590-22-036612

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