AP NEWS

Marchex: 2Q Earnings Snapshot

August 1, 2018

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCHX at https://www.zacks.com/ap/MCHX

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