Marchex (NASDAQ:MCHX - Get Free Report) issued its earnings results on Thursday. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02), Zacks reports. Marchex had a negative net margin of 8.60% and a negative return on equity of 10.76%. The company had revenue of $11.92 million during the quarter, compared to analysts' expectations of $12.01 million. Marchex updated its Q1 2025 guidance to EPS.
Marchex Stock Down 2.2 %
Marchex stock traded down $0.05 during trading on Monday, reaching $2.05. The stock had a trading volume of 29,003 shares, compared to its average volume of 44,551. Marchex has a 52-week low of $1.11 and a 52-week high of $2.40. The business has a 50 day moving average price of $1.97 and a 200 day moving average price of $1.89. The stock has a market cap of $89.72 million, a PE ratio of -22.62 and a beta of 1.87.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Marchex in a research note on Monday. They set a "hold" rating on the stock.
Read Our Latest Analysis on MCHX
About Marchex
(
Get Free Report)
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.
See Also
Before you consider Marchex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marchex wasn't on the list.
While Marchex currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
