Marchex Q4 revenue $12.3M, net loss $0.08/share; full-year revenue $52.2M, net loss $0.19/share

MARCHEX INC

2022-FY EPS reported -$0.19 revenue$52,170,000

GAAP revenue $12.3M in Q4 2022, down from $12.8M in Q4 2021; full-year revenue $52.2M vs $53.5M.
Net loss $3.6M ($0.08 per diluted share) vs $2.0M ($0.04) in Q4 2021; full-year net loss $8.2M ($0.19) vs $4.4M ($0.10).
Adjusted EBITDA negative $1.7M in Q4 vs positive $60K in prior year; full-year negative $1.4M.
Signed multi-year extension with large auto OEM partner; added 300+ auto dealers over last 12 months.
New CEO Edwin Miller targets growth to $100M+ annual revenue; expects accelerating double-digit growth in largest vertical.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MARCHEX INC reported FY 2022 results: revenue $52.5 million, net income $8.2 million net loss, EPS $0.19 per diluted share loss.

Period: FY 2022
Revenue: $52.5 million
Net income: $8.2 million net loss
EPS: $0.19 per diluted share loss
Result: reported results

Exact text from the filing

share, compared to a net loss of $4.4 million or $0.10 per diluted share for 2021. Q4 2021 Q4 2022 FY 2021 FY 2022 GAAP Revenue $ 12.8 million $ 12.3 million $ 53.5 million $ 52.5 million Non-GAAP Results: Adjusted EBITDA $ 60,000 $ (1.7 ) million $ (3.5 ) million $ (1.4 ) million • Adjusted non-GAAP income (loss) per share for the fourth quarter of 2022 was

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Source: SEC EDGAR

accession 0001564590-23-002739

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