Marchex (MCHX) Projected to Post Quarterly Earnings on Thursday

Marchex (NASDAQ:MCHX - Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect Marchex to post earnings of ($0.02) per share and revenue of $12.01 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Marchex Stock Down 1.5 %

MCHX traded down $0.03 during mid-day trading on Tuesday, reaching $1.95. 12,906 shares of the company traded hands, compared to its average volume of 46,811. Marchex has a 52-week low of $1.11 and a 52-week high of $2.40. The company's fifty day moving average price is $1.96 and its 200-day moving average price is $1.89. The stock has a market capitalization of $85.18 million, a P/E ratio of -21.66 and a beta of 1.92.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Marchex in a research report on Sunday. They set 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.

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