Marchex Inc. (MCHX) reported fourth-quarter net income applicable to shareholders of $36 thousand compared to a loss of $128.52 million last year. The company reported breakeven per share applicable to Class A and Class B stockholders compared to a loss of $3.66 per share prior year.
Adjusted Non-GAAP net income applicable to stockholders decreased to $1.32 million from $3.55 million last year. Adjusted Non-GAAP EPS decreased to $0.04 from $0.09 a year ago.
On average, 9 analysts polled by Thomson Reuters expected the company to report profit of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue decreased to $23.44 million from $34.81 million last year. Analysts expected revenue of $22.45 million for the quarter.
Marchex anticipates first quarter revenue of $22.0 million to $23.0 million.
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