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05-06-2009, 06:04 PM
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Marchex Revenue Sinks, Sells $1M in Domain Names
Earnings miss estimates while company sells $1M in non-strategic domain names. Online advertising company Marchex (NASDAQ: MCHX) missed analysts’ adjusted earnings estimates by 3 cents per share, earning only 2 cents per share in the first quarter of 2009. Analysts had predicted earnings of 5 cents per share. Revenue fell 28% compared to the [...]
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