Marchex Announces Second Quarter 2020 Results
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Marchex (MCHX) Tops Q2 EPS by 3c, Revenues Beat
August 10, 2020 4:52 PM EDTMarchex (NASDAQ: MCHX) reported Q2 EPS of ($0.05), $0.03 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $25.8 million versus the consensus estimate of $18.23 million.
Q2 2020 Financial Highlights
Revenue was $25.8 million for the second quarter of 2020, compared to $26.3 million for the second quarter of 2019.Core analytics and solutions revenue was $12.5 million for the second quarter of 2020, which included the benefit of $800,000 of second quarter recognized revenues that were reserved at the end of the first quarter. Excluding this amount, core analytics and solutions revenue for the second quarter of 2020 was... More