Marchex Projects Q4 Revenue Exceeding $15 Million Amid AI Expansion
Marchex (MCHX) reported strong third-quarter financial results, characterized by year-over-year revenue growth and a transition to positive GAAP net income. Executive Chairman Russell Horowitz noted significant improvements in adjusted EBITDA, signaling strengthened operational performance. Looking ahead to the fourth quarter, the company issued optimistic guidance, projecting revenues of over $15 million and an adjusted EBITDA between $2.3 million and $2.5 million. This growth is expected to be driven by the continued expansion of the company's AI deployments.
Tickers: $MCHX
Topics: adjusted EBITDA financial performance GAAP net income revenue growth
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