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Stock impact report

The Marchex, Inc. (NASDAQ:MCHX) First-Quarter Results Are Out And Analysts Have Published New Forecasts [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
The early response was not positive, with shares down 2.2% to US$1.33 in the past week. Revenues of US$12m came in a modest 3.1% below forecasts. Statutory losses were a relative bright spot though, with a per-share loss of US$0.03 coming in a substantial 25% smaller than what the analysts had expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. View our latest analysis for Marchex Following last week's earnings report, Marchex's twin analysts are forecasting 2024 revenues to be US$49.0m, approximately in line with the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 28% to US$0.12. Before this earnings announcement, the analysts had been modelling revenues of US$ Show less Read more
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