Marchex announced today that it made $49.2 million in revenue last quarter, up from $40.6 million in the year-ago quarter. That’s roughly in line with analyst expectations of $49 million in revenue, according to a survey conducted by Thomson Reuters.
The Seattle-based advertising company reported non-GAAP earnings of 6 cents a share, down from 8 cents a share from the same period a year ago. Analysts predicted that Marchex would report earnings of 5 cents a share.
Unsurprisingly, investors seemed nonplussed by the news: Marchex’s stock is roughly flat in after-hours trading. That’s not great, considering its stock price plummeted in September after the company lowered its revenue outlook after Allstate reduced its commitment to using the company’s services.
Marchex’s detailed financial results are embedded below.