Marchex Q3 2024 Adj. EPS $(0.01), Inline, Sales $12.553M Miss $12.593M Estimate
Portfolio Pulse from Benzinga Newsdesk
Marchex reported Q3 2024 earnings per share of $(0.01), meeting analyst expectations, but sales of $12.553 million missed estimates by 0.32%. Sales decreased by 1.76% compared to the same period last year.
October 31, 2024 | 8:52 pm
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Marchex's Q3 2024 earnings per share met expectations, but sales slightly missed estimates and decreased year-over-year.
Marchex's earnings per share were in line with expectations, which is neutral. However, the slight miss in sales and the year-over-year decline could negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100