Marchex (MCHX) to Release Earnings on Thursday

Marchex (NASDAQ:MCHX) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, October 31st. Analysts expect Marchex to post earnings of ($0.01) per share for the quarter. Marchex has set its Q3 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Marchex (NASDAQ:MCHX) last released its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). The company had revenue of $12.07 million during the quarter, compared to analyst estimates of $12.14 million. Marchex had a negative net margin of 10.03% and a negative return on equity of 11.33%. During the same period last year, the business earned ($0.05) earnings per share. On average, analysts expect Marchex to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Marchex Stock Performance

Marchex stock opened at $1.63 on Wednesday. Marchex has a 1-year low of $1.11 and a 1-year high of $2.16. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $71.16 million, a PE ratio of -10.87 and a beta of 1.97. The firm’s 50 day simple moving average is $1.84 and its 200 day simple moving average is $1.63.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Marchex in a research report on Friday, October 25th. They issued a “hold” rating on the stock.

Marchex Company Profile

Marchex, Inc, a conversation intelligence company, provides conversational analytics and related solutions in the United States, Canada, and internationally. Its products include Marketing Edge that identifies which campaigns and channels are driving inbound conversations, evaluates what happens during those conversations, and closes the sales loop by connecting converted sales to marketing driven leads; Sonar Business Text Messaging, an artificial intelligence (AI) empowered intelligent workflow enabled mobile messaging solution that enables operations, sales, and marketing teams to communicate personally with field staff, prospects, and customers; Marchex Platform Services, a robust API-based conversation intelligence product that allows executives, sales, customer engagement, and marketing teams to apply Marchex AI to most any calls, regardless of communication platform, in order to identify actionable insights from conversations with their customers; Spotlight, an AI conversation analytics product for multi-location businesses; and Engage, a solution that provides locations with applications to enhance their overall performance.