How did Marchex's revenue and expenses trend in Q4 2024?

Marchex's revenue and expenses in Q4 2024 are trending as follows: 1. **Revenue Trend**: Marchex's revenue for Q4 2024 is expected to be around $12 million. This is slightly lower than the $12.6 million reported for Q3 2024. The decrease in revenue can be attributed to the company's strategic focus on product innovation and the phased rollout of new AI solutions, which may have impacted short-term revenue growth. 2. **Expense Trend**: Marchex's operating expenses for Q3 2024 were $12.8 million. The company's service costs were $4.2 million, and sales and marketing costs were approximately $3.2 million. Product development costs were $3.1 million for the same quarter. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |MCHX|MCHX.O|Marchex|2024 Q1|67.60500446827524|-1450000|185| |MCHX|MCHX.O|Marchex|2024 Q2|72.44897959183673|-756000|185| |MCHX|MCHX.O|Marchex|2024 Q3|46.28312863606981|-831000|185| |MCHX|MCHX.O|Marchex|2024 Q4|-67.10411198600174|-1910000|185| |code|Ticker|Name|Date|R&D Expenses|Operating Expenses YoY|Operating Expenses|Advertising and Marketing Expenses YoY|R&D Expenses YoY|Advertising and Marketing Expenses|market_code| |---|---|---|---|---|---|---|---|---|---|---| |MCHX|MCHX.O|Marchex|20240331|3245000||||-22.07012487992315||185| |MCHX|MCHX.O|Marchex|20240630|3223000||||-21.3134765625||185| |MCHX|MCHX.O|Marchex|20240930|3106000||||-21.207508878741756||185| |MCHX|MCHX.O|Marchex|20241231|2841000||||-9.895337773549||185| 3. **Profitability Trend**: Marchex reported a net loss of $0.8 million for Q3 2024, or $0.02 per diluted share. The adjusted EBITDA for the quarter was approximately $300,000. This indicates that while the company is managing its expenses, it is still facing challenges in terms of profitability. In conclusion, Marchex's revenue and expenses in Q4 2024 are showing a slight decline in revenue compared to the previous quarter, while expenses remain stable. The company's focus on product innovation and strategic initiatives is likely to impact short-term profitability, but it is expected to drive growth in the long term.