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Marchex, Inc. Class B - MCHX STOCK NEWS

Welcome to our dedicated page for Marchex Class B news (Ticker: MCHX), a resource for investors and traders seeking the latest updates and insights on Marchex Class B stock.

Marchex, Inc. (Class B) (symbol: MCHX) is a leading conversational analytics and solutions company dedicated to helping businesses connect with their customers more effectively. The company specializes in driving, measuring, and converting phone calls into valuable customer interactions. Through actionable intelligence, Marchex bridges the physical and digital worlds, thereby maximizing marketing investments and operational efficiencies for brands.

Marchex offers advanced solutions that provide deep insights into customer behavior and preferences. Leveraging artificial intelligence (AI) and powerful data analytics, the company's products enable businesses to understand and optimize voice and text-based communication channels. These insights not only aid in enhancing customer experiences but also empower sales and marketing teams to deliver the seamless buying journeys that modern consumers expect.

The majority of Marchex's revenue stems from its core analytics and solutions services. The firm operates primarily in the United States, Canada, and other international markets, thus ensuring a broad impact on various industries globally. Recent achievements include the development of innovative AI-powered functionalities that further enhance its conversational analytics capabilities.

Current Projects and Partnerships:

  • Integration of AI-driven insights to refine customer interaction strategies.
  • Collaborations with leading technology firms to enhance data accuracy and service efficiency.
  • Ongoing research and development to expand the functionalities of existing solutions.

Marchex's commitment to excellence is evident in its continual drive to innovate and optimize customer engagement solutions. For the latest updates and more information, please visit www.marchex.com or follow them on Twitter at @marchex.

Rhea-AI Summary

Marchex (NASDAQ: MCHX) has received recognition for its AI-powered products, winning the 'Best Marketing Attribution Solution' at the MarTech Breakthrough Awards. This new award adds to Marchex's growing list of accolades, with over 2,850 nominations this year. Their Marketing Edge solution helps businesses optimize digital marketing performance. Additionally, Marchex Engage for Automotive was named Product of the Year by the Business Intelligence Group. The company also announced the promotion of Ryan Polley to COO, emphasizing its focus on innovative AI-driven products for enhancing sales outcomes.

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Marchex, Inc. (NASDAQ: MCHX) reported Q2 2021 GAAP revenue of $14.0 million, up from $12.7 million in Q2 2020. The net loss from continuing operations improved to $0.3 million (or $0.01 per share), compared to a loss of $5.7 million (or $0.09 per share) a year earlier. The company is focusing on expanding its AI-driven conversation intelligence products, particularly in the automotive sector. Partnerships, like with VinSolutions, enhance CRM capabilities. Marchex is recognized as a leader in conversational intelligence, winning multiple industry awards.

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Marchex (MCHX) has launched an integration with VinSolutions Connect CRM, enhancing automotive dealers' customer experiences by automating data entry from conversations. This integration is part of the Marchex Engage for Automotive solution, which improves sales efficiency and accountability. Key features include automatic CRM updates with conversation outcomes and click-to-call functionalities. The partnership aims to streamline processes for dealership sales teams, providing them with reliable conversational data to enhance customer interactions and ultimately drive sales.

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Marchex (NASDAQ:MCHX) will announce its second-quarter financial results for the period ending June 30, 2021, on August 5, 2021, at approximately 4:20 p.m. ET. The press release will be available on Marchex's corporate website. Following this, management will host a conference call at 5:00 p.m. ET on the same day to discuss results and company outlook. A live webcast of the call will be accessible on the Investors section of the Marchex website, along with an archived version available two hours post-call.

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Marchex, Inc. (NASDAQ: MCHX) announced that its management team will participate in the 2021 Northland Capital Markets Customer Engagement SaaS Conference on June 16th. The presentation is scheduled for 10:30 AM PT as a fireside chat. Investors can access the live audio webcast by visiting the Event Calendar in the Investor Relations section of the Marchex website. An archived version of the presentation will be available four hours post-event. Marchex specializes in conversational analytics, enhancing customer connections and marketing effectiveness.

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Marchex, Inc. (NASDAQ: MCHX) reported Q1 2021 financial results, achieving $13.0 million in GAAP revenue, up from $12.0 million in Q1 2020. The net loss decreased to $5.3 million or $0.12 per diluted share, significantly down from a loss of $25.5 million or $0.54 per diluted share year-over-year. Adjusted EBITDA improved to ($3.0 million). The company is accelerating growth with new AI products and partnerships, particularly in the automotive sector, and reported increased customer conversation volumes.

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Marchex (MCHX) has launched a new AI-driven solution called Marchex Engage for Automotive, aimed at enhancing sales outcomes for automotive dealers. This application leverages conversation intelligence to score sales conversations and generate actionable insights from calls, improving customer interactions. The tool allows dealers to prioritize leads, recover lost sales, and improve sales team performance. Research highlights changing consumer preferences in car buying, emphasizing the need for effective communication strategies. Marchex continues to position itself as a leader in analytics solutions for automotive sales.

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Marchex (NASDAQ: MCHX) recently announced its participation in the 2021 Needham Virtual Technology & Media Conference. The management team will conduct 1x1 meetings on May 18th, focusing on enhancing customer connections through conversational analytics.

Marchex specializes in solutions that increase call volume and conversion rates, thereby allowing companies to maximize their marketing investments. The company’s mission is to bridge the physical and digital worlds, driving efficiencies in customer acquisition.

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Marchex (NASDAQ:MCHX) will release its first-quarter financial results for the period ending March 31, 2021, on May 13, 2021, at approximately 4:20 p.m. ET. A conference call will follow at 5:00 p.m. ET on the same day to discuss these results and the company's outlook. Investors can access a live webcast on Marchex's website, where an archived version will also be available two hours after the call. Marchex provides solutions that enhance customer engagement through call analytics, helping businesses optimize their marketing investments.

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FAQ

What is the current stock price of Marchex Class B (MCHX)?

The current stock price of Marchex Class B (MCHX) is $1.99 as of December 20, 2024.

What is the market cap of Marchex Class B (MCHX)?

The market cap of Marchex Class B (MCHX) is approximately 86.5M.

What services does Marchex, Inc. provide?

Marchex offers conversational analytics and solutions that help businesses drive, measure, and convert phone calls into customer interactions with the aid of AI and data insights.

How does Marchex enhance customer engagement?

Marchex uses AI-powered insights and data analytics to help businesses understand and optimize voice and text-based communication channels, improving customer experiences.

Where does Marchex primarily operate?

Marchex operates mainly in the United States, Canada, and other countries internationally.

What are some recent achievements of Marchex?

Recent achievements include the development of AI-powered functionalities that enhance conversational analytics capabilities and ongoing partnerships with leading tech firms.

How does Marchex generate its revenue?

Marchex generates the majority of its revenue from core analytics and solutions services it provides to businesses.

What industries does Marchex serve?

Marchex serves a wide range of industries by providing solutions that enhance their marketing investments and operational efficiencies.

How can I learn more about Marchex?

You can learn more about Marchex by visiting their website at www.marchex.com or following them on Twitter at @marchex.

What is the significance of Marchex's AI functionality?

Marchex's AI functionality provides deeper data insights, helping businesses to better understand customer interactions and improve conversion rates.

How does Marchex help in marketing investments?

Marchex helps brands maximize their marketing investments by providing actionable intelligence that enhances customer engagement and operational efficiency.

What ongoing projects is Marchex involved in?

Marchex is involved in projects like AI-driven insights integration, partnerships with technology firms, and the expansion of its product functionalities.

Marchex, Inc. Class B

Nasdaq:MCHX

MCHX Rankings

MCHX Stock Data

86.49M
35.54M
8.54%
61.72%
0.12%
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