Marchex (NASDAQ:MCHX) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:20 PM.
Here’s what investors need to know about the announcement.
Earnings
Marchex missed estimated earnings by 60.0%, reporting an EPS of $-0.08 versus an estimate of $-0.05.
Revenue was down $971 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 1.9% drop in the share price the next day.
Here’s a look at Marchex’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.02 | -0.01 | -0.01 | -0.02 |
| EPS Actual | -0.05 | -0.01 | -0.01 | -0.01 |
| Revenue Estimate | 12.90M | 13.50M | 13.40M | 13.04M |
| Revenue Actual | 12.29M | 13.20M | 13.51M | 13.17M |
To track all earnings releases for Marchex visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
