Marchex turns profitable with $16 million in Q3 revenue
MCHX Marchex Inc
$1.44 +2.86%
View chart & analysis → - 1Marchex recorded $16 million in Q3 revenue, up from $15.2 million in the same period last year.
- 2Marchex achieved a net income of $1.3 million through improved operational efficiency and organizational restructuring.
- 3Marchex's long-term annual revenue target is over $100 million.
So what's the key point?
Marchex has started making a profit with $16 million in revenue. The key was turning a profit by running the company more efficiently.
Source The Motley Fool +1 · View original ↗
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