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Marchex Inc - MCHX STOCK NEWS

Welcome to our dedicated page for Marchex news (Ticker: MCHX), a resource for investors and traders seeking the latest updates and insights on Marchex 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, Inc. (NASDAQ: MCHX) reported Q3 2021 financial results with GAAP revenue of $13.7 million, slightly down from $13.8 million in Q3 2020. Core analytics revenue increased to $13.7 million from $12.9 million year-over-year. The company achieved net income of $3.3 million or $0.07 per share, contrasting with a net loss of $5.1 million in Q3 2020. Marchex secured contract extensions with major OEM auto customers and expanded its enterprise client base. The firm achieved break-even Adjusted EBITDA ahead of schedule, although conversation volumes softened in key sectors due to pandemic impacts.

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Marchex (NASDAQ: MCHX) announces the launch of Marchex Anywhere, a hub for integrating their AI-powered conversation intelligence services with popular CPaaS, UCaaS, and CCaaS platforms. This expansion allows businesses to access real-time insights from customer conversations, enhancing sales and marketing efforts. Key integrations include platforms like RingCentral and Twilio. The new service aims to empower sales teams by providing actionable insights and improving training processes.

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Marchex (NASDAQ:MCHX) announced its third-quarter financial results will be released on November 9, 2021, around 4:20 p.m. ET. Subsequently, a conference call will occur at 5:00 p.m. ET to discuss the results and outlook. The press release will be available in the Press Center of its corporate website. A live webcast will also be accessible on the Investors section of the Marchex website, with an archived version available two hours post-call. Marchex is renowned for its AI-powered conversation intelligence solutions, aiding businesses in enhancing sales outcomes.

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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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FAQ

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

The current stock price of Marchex (MCHX) is $1.99 as of February 28, 2025.

What is the market cap of Marchex (MCHX)?

The market cap of Marchex (MCHX) is approximately 86.0M.

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

Nasdaq:MCHX

MCHX Rankings

MCHX Stock Data

86.05M
35.54M
8.54%
61.55%
0.06%
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