Marchex ( (MCHX) ) has released its Q2 earnings. Here is a breakdown of the information Marchex presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Marchex, Inc. is a company that leverages artificial intelligence and conversational intelligence to enhance operational efficiency and accelerate revenue growth, primarily serving B2B2C vertical markets with its AI-powered solutions.
In its second quarter of 2025, Marchex reported a slight decrease in GAAP revenue to $11.7 million compared to the previous year, but achieved a net income of $0.1 million, reversing a net loss from the same period in 2024. The company also saw an improvement in adjusted EBITDA, reaching $0.6 million, which marks a significant progress in its financial performance.
Key highlights from the earnings report include the launch of a new unified user interface and vertical AI capabilities, an expanded partnership with FordDirect, and the introduction of AI-powered solutions for the healthcare industry. Additionally, Marchex’s Engage for Auto Sales and Service product received the ‘2025 AI Agent Product of the Year Award.’ These strategic initiatives are expected to drive future growth and expand the company’s market reach.
Looking ahead, Marchex anticipates sequential increases in revenue and adjusted EBITDA in the third quarter of 2025, despite potential challenges from customer migration and macroeconomic factors. The company remains focused on completing its Engage platform migration and expanding its product offerings, positioning itself for accelerated growth in 2026.