Marchex has recently released its results for the full year ended December 31,2010 .The revenue was $28 million for the fourth quarter of 2010,compared to 23.4 million for the same period of 2009 .
Fourth Quarter 2010 Consolidated Financial Results
- Revenue was $28.0 million for the fourth quarter of 2010, compared to $23.4 million for the same period of 2009.
- GAAP net income applicable to common stockholders was $593,000 for the fourth quarter of 2010 or $0.02 per diluted share. This compares to GAAP net loss applicable to common stockholders of $14,000 or $0.00 per diluted share for the same period of 2009. The fourth quarter 2010 results included non-cash stock-based compensation expense of $2.9 million, compared to non-cash stock-based compensation expense of $2.3 million for the same period in 2009.
- As discussed in the summary of the fourth quarter 2010 consolidated financial results, a reconciliation is provided of GAAP diluted EPS to Adjusted Non-GAAP EPS in the financial tables attached to this press release and encourage investors to examine the reconciling adjustments between the GAAP and non-GAAP measures. Adjusted non-GAAP EPS for fourth quarter 2010 was $0.04, compared to $0.04 for the same period in 2009.
- Adjusted operating income before amortization was $2.3 million for the fourth quarter of 2010, compared to $2.1 million for the same period of 2009. A reconciliation of non-GAAP adjusted operating income before amortization to GAAP operating income is included in the financial tables attached to this release.
- Adjusted EBITDA was $3.4 million in the fourth quarter of 2010, compared to $3.6 million for the same period of 2009. A reconciliation of adjusted EBITDA to GAAP net cash provided by operating activities is included in the financial tables attached to this release.
Full Year 2010 Consolidated Financial Results
- Revenue for the year ended December 31, 2010 was $97.6 million, compared to $93.3 million in 2009.
- GAAP net loss applicable to common stockholders was $3.2 million or $0.10 per diluted share for 2010. This compares to GAAP net loss applicable to common stockholders of $2.2 million or $0.07 per diluted share in 2009.
- As discussed in the summary of the fourth quarter 2010 consolidated financial results, a reconciliation is provided of GAAP diluted EPS to Adjusted Non-GAAP EPS in the financial tables attached to this press release and encourage investors to examine the reconciling adjustments between the GAAP and non-GAAP measures. Adjusted non-GAAP EPS for 2010 was $0.05, compared to $0.12 in 2009.
- Adjusted operating income before amortization was $3.0 million for 2010, compared to $6.8 million in 2009. A reconciliation of non-GAAP adjusted operating income before amortization to GAAP operating loss is included in the financial tables attached to this release.
- Adjusted EBITDA was $7.9 million for 2010, compared to $13.0 million in 2009. A reconciliation of adjusted EBITDA to GAAP net cash provided by operating activities is included in the financial tables attached to this release.
“We are focused on helping advertisers reach customers through the phone wherever they may be – in mobile, offline or online channels,” said Russell C. Horowitz, Marchex Chairman and CEO. “Our goal is to continue growing our position and market share in driving qualified customer phone calls and analytics to advertisers large and small. Our investments in people, products, and customers over the last few years have uniquely positioned us to execute on and extend our Call Advertising leadership position.”
Check out all the financial results here .