Marchex, reported its earnings after the market closed yesterday for the 3rd quarter of 2009.
Marchex reported revenue dropped to $22.2 million compared to $37.2 million for the same period of 2008.
Adjusted operating income before amortization fell to $1.9 million for the quarter, compared to $6.6 million for the same period of 2008.
Adjusted EBITDA was $3.4 million, compared to $8.9 million for the same period of 2008.
According to the earnings report, “”Marchex sold a small number of non-strategic domains that yielded more than $1 million in the 3rd Quarter alone.
“””There is still significant demand for high quality domains and Marchex believes that will remain the case for the foreseeable future.””
Nice to hear.