Marchex (MCHX) to Release Earnings on Thursday

Marchex (NASDAQ:MCHX) is anticipated to announce its quarterly earnings results before the market opens on Thursday, March 6th. Analysts predict that the company will report earnings of ($0.02) per share, alongside a revenue projection of $12.01 million for the quarter. Interested parties can join the company’s earnings conference call via the provided link.

Current Stock Performance

On Wednesday, the NASDAQ MCHX opened at $1.95. The stock's 50-day simple moving average stands at $1.96, while its 200-day simple moving average is $1.89. Over the past year, Marchex has experienced a low of $1.11 and a high of $2.40. The company's market capitalization is approximately $85.18 million, with a price-to-earnings ratio of -21.66 and a beta of 1.92.

Analyst Ratings

Recently, StockNews.com began covering Marchex and gave the stock a “hold” rating. This suggests that analysts are moderately optimistic about the company’s future performance.

About Marchex

Marchex, Inc. is a company specializing in conversation intelligence, offering a range of conversational analytics and related solutions both within the United States and internationally. Some of its products include Marketing Edge, which helps identify effective campaigns, Sonar Business Text Messaging, an AI-driven messaging solution aimed at improving communication for teams, and Marchex Platform Services, a robust API offering that enhances conversation insights across communication platforms. The company also provides Spotlight, an analytics tool for multi-location businesses, and Engage, which offers applications to improve performance across various locations.

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Marchex, Earnings, Stock