Marchex, Inc. Class B - MCHX STOCK NEWS

Marchex (NASDAQ: MCHX) has released a study analyzing over 60,000 consumer-to-dealer phone conversations concerning car-buying behavior. The study reveals that 16% of callers fail to connect with sales representatives, while 90% inquire about vehicle availability. However, 60% do not receive clear answers. Additionally, 40% of calls lead to breaches of trust due to perceived dismissiveness. The report emphasizes the need for improved communication from both dealers and manufacturers to enhance customer experiences and address the evolving car-buying process.

Marchex, Inc. (NASDAQ: MCHX) reported Q2 2022 results, revealing GAAP revenue of $13.5 million, a slight decrease from $14.0 million in Q2 2021. The company faced a net loss of $1.5 million or $0.03 per diluted share, worse than the $0.3 million loss or $0.01 per share a year earlier. Non-GAAP adjusted EBITDA improved to $167,000 from a loss of $527,000. Marchex achieved traction with new enterprise customers and was recognized for its Conversation Intelligence Platform, which won Product of the Year. Despite positive developments, conversation volumes fell year-over-year due to macroeconomic challenges.

Marchex (NASDAQ:MCHX), a leader in AI-powered conversation intelligence, will release its second-quarter financial results for 2022 on August 9, 2022, at 4:20 p.m. ET. Following the release, a conference call is scheduled for 5:00 p.m. ET to discuss the financial results and company outlook. Investors can access a live webcast and later an archived version on Marchex's website. The company specializes in converting strategic insights into actionable sales outcomes through advanced AI sales engagement and marketing solutions.

Marchex has won the Product of the Year award from the Business Intelligence Group for its Conversation Intelligence Platform for the second consecutive year. This recognition highlights the platform's role in helping businesses derive strategic insights from voice and text conversations. The AI-powered technology supports marketing and sales teams in enhancing customer experiences and driving revenue growth. Ryan Polley, COO of Marchex, expressed pride in the industry acknowledgment of their innovation.

Marchex, Inc. (NASDAQ: MCHX) reported its Q1 2022 financial results, highlighting a GAAP revenue of $13.2 million, an increase from $13.0 million in Q1 2021. The net loss improved to $1.6 million or $0.04 per diluted share, down from $5.3 million or $0.12 per diluted share in the previous year. The company has seen growth in core analytics and solutions revenue, with new customer traction in various sectors. Marchex also announced an integration with Twilio to enhance its conversation intelligence capabilities and received an AI Excellence Award for product innovation.

Marchex (NASDAQ: MCHX), a leader in AI-powered conversation intelligence, has announced its participation in the 17th Annual Needham Technology & Media Conference on May 17-18 in New York City. The management team will engage in one-on-one meetings during the event. Marchex's platform provides innovative sales engagement and marketing solutions, leveraging multichannel voice and text capabilities to enhance customer experiences. The company continues to be a trusted partner for market leaders across various industries, driving valuable sales outcomes through strategic insights.

SEATTLE--Marchex (NASDAQ:MCHX) announced it will release its first-quarter financial results for the period ending March 31, 2022, on May 12, 2022, at approximately 4:20 p.m. ET. Following the release, a conference call will be held at 5:00 p.m. ET on the same day to discuss the results and future outlook. Investors can access the live webcast on the Marchex website, with an archived version available two hours after the call. Marchex is known for its award-winning AI-powered conversation intelligence solutions that enhance sales and marketing efforts.