Marchex Q3 revenue misses estimates

Reuters11-14
<a href="https://laohu8.com/S/MCHX">Marchex</a> Q3 revenue misses estimates

Overview

  • Marchex Q3 revenue declines to $11.5 mln, missing analyst expectations

  • Adjusted EBITDA for Q3 2025 misses estimates despite improvement

  • Company announces agreement to acquire Archenia, enhancing AI capabilities

Outlook

  • Marchex expects Q4 2025 revenue and Adjusted EBITDA to be sequentially lower

  • Company anticipates 10% revenue growth in 2026 on a run rate basis

  • Marchex expects Adjusted EBITDA margins of 10% or more in 2026

Result Drivers

  • REVENUE MIGRATION DILUTION - Co cites ongoing revenue migration dilution as a factor in revenue decline during tech platform migration

  • SALES BOOKINGS INCREASE - Co reports significant increases in sales bookings, expecting continued growth

  • NEW PRODUCT LAUNCHES - Co launched new products and vertical AI capabilities, contributing to sales growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$11.51 mln

$11.90 mln (1 Analyst)

Q3 Net Income

-$1.02 mln

Q3 Adjusted EBITDA

Miss

$621,000

$826,000 (1 Analyst)

Q3 Income from Operations

-$941,000

Q3 Operating Expenses

$12.46 mln

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the advertising & marketing peer group is "buy"

  • Wall Street's median 12-month price target for Marchex Inc is $4.00, about 60% above its November 12 closing price of $1.60

Press Release: ID:nBwbFtP79a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment