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Marchex Announces Fourth Quarter and Full Year 2024 Results

1. MCHX reported Q4 2024 revenue of $11.9 million, down from $12.4 million in Q4 2023. 2. The full-year revenue was $48.1 million, reflecting operational challenges.

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FAQ

Why Bearish?

The decline in quarterly revenue indicates potential operational struggles, as seen in similar past cases where consistent revenue drops led to negative investor sentiment.

How important is it?

The reported decline in revenue could trigger investor concern, possibly affecting stock performance in the near future.

Why Short Term?

Negative quarterly results can impact stock price in the short-term, historically observed following similar earnings reports.

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SEATTLE--(BUSINESS WIRE)--Marchex, Inc. (NASDAQ: MCHX), which harnesses the power of artificial intelligence ("AI") and conversational intelligence to drive operational excellence and revenue acceleration, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Q4 2024 and Full Year 2024 Financial Highlights GAAP revenue was $11.9 million for the fourth quarter of 2024, compared to $12.4 million for the fourth quarter of 2023. GAAP revenue was $48.1 m.

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