Marchex: 2Q Earnings Snapshot
SEATTLE (AP) _ Marchex Inc. (MCHX) on Wednesday reported a loss of $658,000 in its second quarter.
The Seattle-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to less than 1 cent on a per-share basis.
The advertising and marketing company posted revenue of $20.2 million in the period.
For the current quarter ending in October, Marchex said it expects revenue in the range of $19.5 million to $21 million.
In the final minutes of trading on Wednesday, the company’s shares hit $2.93. A year ago, they were trading at $2.89.