Marchex Beat’s Street Estimate

2008 February 14
by Michael H. Berkens

Marchex Inc., one of the companies in our Domain Parking Stock Index, reported 4th adjusted earnings of $3.39 million, or 8 cents a share, above the 6-cent mean stret estimates.

Adjusted earnings the prior-year quarter were $5.07 million, or 13 cents a share.

In the quarter ended Dec. 31 the company swung to a net loss of $774,165, or 2 cents a share, versus $4.97 million, or a loss of a penny a share, a year earlier.

Revenue for the quarter rose to $37 million from $32.6 million, versus the mean Street view of $35 million.

The company sees first-quarter revenue of more than $35.5 million and 2008 revenue of more than $150 million.

Marchex closed the regular session down 21 cents at $7.51 but rose 41 cents to $7.92 in after-hours trading.

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