Marchex – $37 Million for The Fourth Quarter of 2007
Posted in News, PPC on February 15th, 2008 by Michael – Be the first to commentMarchex reports: $37 Million for The Fourth Quarter of 2007
Fourth Quarter 2007 Consolidated Financial Results:
- Revenue was $37.0 million for the fourth quarter of 2007, compared to $32.6 million for the same period of 2006.
- GAAP net loss applicable to common stockholders was $774,000 for the fourth quarter of 2007 or $0.02 loss per diluted share. This compares to GAAP net income applicable to common stockholders of $5.0 million or $0.01 loss per diluted share for the same period of 2006. The GAAP diluted EPS calculation in 2006 excludes the effect of the non-cash non-recurring discount on preferred stock redemption of $5.8 million, net of dividends on the redeemed preferred shares of $197,000. The fourth quarter 2007 results included non-cash stock-based compensation expense recorded under the fair value method of $2.1 million, compared to non-cash stock-based compensation expense of $2.6 million for the same period in 2006. read more »
