Marchex Announces Fourth Quarter and Full Year 2019 Results

About this update from Marchex, Inc.

[{"type":"text","content":" SEATTLE--(BUSINESS WIRE)--\nMarchex, Inc. (NASDAQ:MCHX), a leading provider of call analytics that drive, measure, and convert callers into customers, today announced its financial results for the fourth quarter and full year ended December 31, 2019.\n\n\nQ4 and Full Year 2019 Financial Highlights \n\n\n\nRevenue was $28.6 million for the fourth quarter of 2019, compared to $23.1 million for the fourth quarter of 2018. Revenue was $106.1 million for 2019, compared to $85.3 million for 2018.\n\n\nCore analytics and solutions revenue was $12.7 million for the fourth quarter of 2019, compared to $10.9 million for the fourth quarter of 2018. Core analytics and solutions revenue was $52.3 million for 2019, compared to $35.4 million for 2018.\n\n\nNet loss was $0.4 million for the fourth quarter of 2019 or $0.01 per diluted share, compared to a net loss of $0.6 million or $0.01 per diluted share for the fourth quarter of 2018. Net loss was $4.0 million for 2019 or $0.09 per diluted share, compared to a net loss of $2.7 million or $0.06 per diluted share for 2018.\n\n\n\n\n\n \n\n\n\n \n\n\n\nQ4 2018\n\n\n\n \n\n\n\nQ4 2019\n\n\n\n \n\n\n\n \n\n\n\nFY 2018\n\n\n\n \n\n\n\nFY 2019\n\n\n\n\n\nRevenue\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n23.1\n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n28.6\n\n\n\n \n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n85.3\n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n106.1\n\n\n\n \n\n\n\nmillion\n\n\n\n\n\nNet cash provided by (used in) operating activities\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1.0\n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n(1.7\n\n\n\n)\n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n5.1\n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n5.1\n\n\n\n \n\n\n\nmillion\n\n\n\n\n\nCash Balance\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n45.2\n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n42.5\n\n\n\n \n\n\n\n \n\n\n\nmillion\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nNon-GAAP Results1:\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nAdjusted EBITDA\n\n\n\n \n\n\n\n$\n\n\n\n \n\n\n\n1.2\n\n\n\...

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