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Stock impact report

Marchex Announces First Quarter Results [Yahoo! Finance]

Marchex, Inc. - Class B (MCHX) 
Last marchex, inc. - class b earnings: 2/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.marchex.com
Company Research Source: Yahoo! Finance
excellence and revenue acceleration, today announced its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights GAAP revenue was $11.6 million for the first quarter of 2024, compared to $12.2 million for the first quarter of 2023. Net loss was $1.5 million for the first quarter of 2024 or $0.03 per diluted share, compared to a net loss of $4.5 million or $0.11 per diluted share for the first quarter of 2023. Q1 2023 Q1 2024 GAAP Revenue $ 12.2 million $ 11.6 million Non-GAAP Results: Adjusted EBITDA* $ (2.8) million $ (0.4) million Adjusted EBITDA for Q1 2024 includes approximately $235,000 of reorganization costs. Excluding these amounts would result in Adjusted EBITDA totaling $(171,000). Adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02) compared to ($0.08) for the first quarter of 2023. Recent Business Highlights: New Customer Traction and Existing Customer Expansion Marchex recently entere Show less Read more
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