Marchex (MCHX) Set to Announce Quarterly Earnings on Thursday

Marchex (NASDAQ:MCHX - Get Free Report) will be announcing its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Marchex has set its Q3 2024 guidance at EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

Marchex (NASDAQ:MCHX - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.02). Marchex had a negative net margin of 10.03% and a negative return on equity of 11.33%. The business had revenue of $12.07 million during the quarter, compared to analyst estimates of $12.14 million. During the same quarter last year, the business earned ($0.05) EPS. On average, analysts expect Marchex to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Marchex Trading Down 0.6 %

MCHX traded down $0.01 during trading on Friday, reaching $1.67. 37,331 shares of the company's stock were exchanged, compared to its average volume of 44,850. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.01. Marchex has a one year low of $1.11 and a one year high of $2.16. The firm has a fifty day moving average price of $1.86 and a two-hundred day moving average price of $1.62.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Marchex in a report on Friday. They issued a "hold" rating for the company.

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.