27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Marchex (NASDAQ:MCHX) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:20 PM.
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Here's what investors need to know about the announcement.
Earnings
Marchex reported in-line EPS of $-0.01 versus an estimate of $-0.01.
Revenue was down $496 thousand from the same period last year.
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Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 12.0% increase in the share price the next day.
Here's a look at Marchex's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.03 | -0.02 | -0.07 |
EPS Actual | -0.01 | -0.01 | -0.01 | -0.02 |
Revenue Estimate | 13.04M | 12.24M | 14.35M | 13.10M |
Revenue Actual | 13.17M | 12.79M | 13.70M | 14.01M |
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.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.