Recap: Marchex Q1 Earnings

Marchex 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.

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