Earnings Surprise Are On Cards For Marchex, Inc. ($MCHX)?

113

Marchex, Inc. (NASDAQ:MCHX) is reporting second quarter financial results on Monday 10th August 2020, after market close.

According to analysts surveyed by Thomson Reuters, MCHX is expected to report 2Q20 loss of $ 0.08 per share from revenue of $ 18.23 million.

For the full year, analysts anticipate top line of $ 87.03 million, while looking forward to loss of $ 0.2 per share bottom line.

Previous Quarter Performance

Marchex, Inc. came out with loss for the first quarter of $ 0.06 per share, from the revenue of $ 24.79 million. Wall street analysts are predicting, MCHX to report 1Q20 loss of $ 0.03 per share from revenue of $ 23.31 million. The bottom line results missed street analysts by $ 0.03 or 100 percent, at the same time, top line results outshined analysts by $ 1.48 million or 6.35 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Marchex, Inc.

Stock Performance

According to the previous trading day, closing price of MCHX was $ 1.73, representing a 57.27 % increase from the 52 week low of $ 1.10 and a 59.2 % decrease over the 52 week high of $ 4.24.

The company has a market capital of $ 77.04 million and is part of the Consumer Cyclical sector and Marketing Services industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”MCHX” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Conference Call

Marchex, Inc. will be hosting a conference call at 5:00 PM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.marchex.com

Marchex, Inc. operates as a call analytics company that helps businesses connect, drive, measure, and convert callers into customers. Its products include Marchex Call Analytics, an analytics platform for enterprises that depend on inbound phone calls to drive sales, appointments, and reservations; Marchex Speech Analytics that enable actionable insights for enterprise, mid-sized, and small businesses; Text Analytics and Communications, which enable businesses to send and receive text/SMS messages with customers; Call Monitoring; Marchex Omnichannel Analytics Cloud products, such as Marchex Search Analytics, a product for search marketers that drive phone calls from search campaigns, as well as Marchex Display and Video Analytics, a product for marketers that buy digital display advertising; Marchex Site Analytics, a product for marketers that can drive phone calls from Websites; and Marchex Social Analytics, a product for marketers that buy social media advertising.