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.

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.

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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