Mark your calendars for Thursday 31st October 2024, as Marchex (NASDAQ: MCHX) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
According to the forecasts of financial experts on Wall Street, the enterprise is expected to reveal an anticipated $0.01 loss per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $12.59 million.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $48.61 million. They also predict that throughout the course of the fiscal year, the business will make about loss of $0.04 per share.
The per-share loss of $0.01 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $12.78 million recorded during that specific period.
MCHX has scheduled a conference call on 31st October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Marchex (MCHX) shares traded as low as $1.60 and as high as $1.66 on a day volume of 13.20 thousand shares, closed Tuesday's regular trading session at $1.63, downfall of 0.61 percent.
