Key Developments: Marchex Inc (MCHX.O)
5.96USD
17 May 2013
$0.25 (+4.38%)
$5.71
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$5.99
$5.55
128,426
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$5.99
$2.99
Latest Key Developments (Source: Significant Developments)
Marchex Inc Raises FY 2013 Guidance; Issues Q2 2013 Guidance
Marchex Inc announced that for fiscal 2013, it expects revenue to be between $146 million - $150 million, adjusted EBITDA is estimated add-backs of approximately $4 million in additional depreciation and amortization to adjusted OIBA, implying an adjusted EBITDA of $14.5 million - $15.5 million and for Call Driven Revenue, Marchex is forecasting a range of $127-$130 million. For fiscal 2013 GAAP income (loss) from operations is expected to be ($2.9) million or better, assuming stock-based compensation between $9.0-$11.0 million and amortization of intangible assets from acquisitions between $3.0-$3.5 million. For the second quarter of 2013, it expects revenue to be between $36.5 million - $37.5 million, Adjusted OIBA of between $1.5 million - $2.5 million, adjusted EBITDA it estimated add-backs of approximately $1 million in additional depreciation and amortization to adjusted OIBA, implying an adjusted EBITDA of $2.5-$3.5 million. For Call Driven Revenue, Marchex is forecasting more than $32 million. Second quarter GAAP income (loss) from operations is expected to be ($3.2) million or better, assuming stock-based compensation between $2.5-$3.5 million and amortization of intangible assets from acquisitions between $0.8-$1.2 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $36 million, EBITDA of $4 million for the second quarter of 2013; revenue of $147 million and EBITDA of $13.07 million for fiscal 2013 Full Article
Marchex Inc Issues Q1, FY 2013 Mixed Guidance
Marchex Inc announced that for fiscal 2013, it expects revenue to be in the range of $144 million to $148 million, adjusted EBITDA of more than $14 million and GAAP income (loss) from operations is expected to be ($4.5) million or better. For the first quarter of 2013, it expects revenue to be more than $35 million, adjusted EBITDA of $2.0 million and GAAP income (loss) from operations to be ($4.1) million or better. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $35 million, EBITDA of $5 million for the first quarter of 2013; revenue of $143 million and EBITDA of $20 million for fiscal 2013. Full Article
Marchex Inc Declares Regular Quarterly Dividends For Common Stock
Marchex Inc announced that Board of Directors has declared a regular quarterly dividend in the amount of $0.035 per share on its common stock for the first, second, third and fourth quarters of 2013 and is accelerating its payment of these dividends into the fourth quarter of 2012. Marchex will pay the dividends on December 31, 2012 to the holders of record as of the close of business on December 18, 2012. Full Article
Marchex Inc Issues Q4 2012 Guidance In Line With Analysts' Estimates; Updates FY 2012 Revenue Guidance; Raises FY 2012 EBITDA Guidance
Marchex, Inc. announced that for fourth quarter of 2012, it expects revenue in the range of $33-$35 million, adjusted EBITDA in the range of $4-$5 million and GAAP income (loss) from operations is expected to be ($2.8) million or better, assuming stock-based compensation between $3.5-$4 million and amortization of intangible assets from acquisitions between $1.0 million and $1.8 million. For fiscal 2012, it expects revenue to be more than $137 million, adjusted EBITDA to be more than $18 million and GAAP income (loss) from operations is expected to be ($3.3) million or better, assuming stock-based compensation between $16 million and $16.5 million and amortization of intangible assets from acquisitions between $4.7 million and $5.5 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $34 million and EBITDA of $5 million for fourth quarter of 2012; revenue of $137 million and EBITDA of $19 million for fiscal 2012. Full Article
Marchex Inc Announces Intent To Separate Its Business Into Two Public Companies
Marchex Inc announced that its Board of Directors has authorized management to pursue the separation of its business into two distinct, publicly-traded entities. Upon closing of the proposed tax-free spin-off transaction, Marchex’s existing shareholders would hold interests in: (1) Marchex, a pure play mobile advertising company focused on calls, and (2) Archeo, Inc. (Archeo), a premium domain and advertising marketplace. This process is expected to be completed within nine months. Upon completion of the spin-off transaction, Marchex would be focused purely on mobile and call advertising. Marchex’s products would include its Digital Call Marketplace, a mobile advertising network designed to drive calls to businesses on a pay for call basis; and Marchex Call Analytics, which accurately measures and analyzes results from advertising campaigns designed to drive phone calls. Full Article
Marchex Inc Announces Regular Quarterly Dividend for Common Stock
Marchex Inc announced that Board of Directors has declared a regular quarterly dividend in the amount of $0.035 per share on its common stock. Marchex will pay these dividends on November 15, 2012 to the holders of record as of the close of business on November 2, 2012. As of October 12, 2012, 9,570,382 shares of Class A common stock and 28,106,373 shares of Class B common stock are outstanding. Full Article
Marchex, Inc. Issues Q3 2012 Guidance Below Analysts' Estimates; Lowers FY 2012 Guidance
Marchex, Inc. announced that for third quarter of 2012, it expects revenue in the range of $33.5-$34.5 million, adjusted EBITDA in the range of $3 million to $4 million and GAAP income (loss) from operations is expected to be ($2.7) million or better, assuming stock-based compensation between $3.5 million and $4 million and amortization of intangible assets from acquisitions between $1.2 million and $1.7 million. For fiscal 2012, it expects revenue to be in the range of $137 million to $141 million, adjusted EBITDA to be more than $14.5 million and GAAP income (loss) from operations is expected to be ($2.2) million or better, assuming stock-based compensation between $15.5 million and $16 million and amortization of intangible assets from acquisitions between $4.7 million and $5.5 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $36.3 million, EBITDA of $4.98 million for third quarter of 2012; revenue of $144 million and EBITDA of $19.2 million for fiscal 2012. Full Article
Marchex, Inc. Announces Increase To Regular Quarterly Dividend For Common Stock
Marchex, Inc. announced that it is increasing its quarterly cash dividend from $0.02 to $0.035 per share of Class A common stock and Class B common stock. The indicated annual cash dividend, subject to capital availability, is $0.14 per common share or $5.3 million, up from $0.08 per common share or $3.0 million. For the third quarter, Marchex will pay the incremental $0.015 per share dividend on August 31, 2012 to the holders of record as of the close of business on August 16, 2012. Full Article
Marchex, Inc. Announces Regular Quarterly Dividend For Common Stock
Marchex, Inc. announced that the Company's Board of Directors has declared a regular quarterly dividend in the amount of $0.02 per share on its common stock. Marchex will pay these dividends on August 15, 2012 to the holders of record as of the close of business on August 3, 2012. As of July 13, 2012, 9,570,382 shares of Class A common stock and 28,197,745 shares of Class B common stock are outstanding. Full Article
Marchex, Inc. Issues Q2 2012 Guidance Below Analysts' Estimates; Lowers FY 2012 Guidance
Marchex, Inc. announced that for the second quarter of 2012, it expects revenue to be in the range of $34.5 million to $36 million and adjusted EBITDA, estimated add-backs of approximately $1 million in additional depreciation and amortization to adjusted operating income before amortization, implying an adjusted EBITDA of $4.3 million. For fiscal 2012, it expects revenue to be in the range of $144 million to $152 million and adjusted EBITDA, estimated add-backs of approximately $4.5 million in additional depreciation and amortization to adjusted operating income before amortization, implying an adjusted EBITDA of more than $19 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $36.4 million and EBITDA of $4.7 million for second quarter of 2012; revenue of $150.9 million and EBITDA of $20.4 million for fiscal 2012. Full Article
Earnings vs. 
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