StockNews.AI
MCHX
StockNews.AI
166 days

Marchex Announces Fourth Quarter and Full Year 2024 Results

1. MCHX reported Q4 2024 revenue of $11.9M, down from $12.4M in Q4 2023. 2. Overall, MCHX’s full-year 2024 GAAP revenue totaled $48.1M, indicating revenue challenges.

2m saved
Insight
Article

FAQ

Why Bearish?

The decline in quarterly revenue from the previous year raises concerns about MCHX's growth trajectory. Historically, similar revenue decreases have led to declining stock prices as investor confidence wanes.

How important is it?

The article directly discusses MCHX's financial performance, significantly impacting investor sentiment and stock valuation. Earnings reports typically have immediate effects on stock prices, thus warranting a high importance score.

Why Short Term?

Immediate effects on stock price are expected as investors react to poor quarterly results. Short-term price drops can occur, particularly in reaction to quarterly earnings reports.

Related Companies

GOOGMSFTAMZN
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.

Related News