Marchex, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of USD 36.213 million compared to USD 35.481 million a year ago. Income from operations was USD 0.248 million compared to loss from operations of USD 0.598 million a year ago. Income before provision for income taxes was USD 0.231 million compared to loss before provision for income taxes of USD 0.795 million a year ago. Net income was USD 0.085 million compared to net loss of USD 0.715 million a year ago. Net income applicable to common stockholders was USD 0.085 million compared to net loss applicable to common stockholders of USD 0.788 million a year ago. Basic and diluted net income per share applicable to class A and class B common shareholders was USD 0.00 compared to basic and diluted loss per share of USD 0.02 a year ago. Adjusted operating income before amortization was USD 2.205 million compared to USD 3.252 million a year ago. Adjusted EBITDA was USD 3.119 million compared to USD 4.292 million a year ago. Net cash provided by operating activities were USD 2.141 million compared to USD 3.954 million a year ago. Adjusted Non-GAAP EPS was USD 0.04 compared to USD 0.05 a year ago. Adjusted Non-GAAP net income applicable to common stockholders was USD 1.434 million compared to USD 2.090 million a year ago. The company provided earnings guidance for the second quarter and fiscal year ending December 31, 2013. Second quarter GAAP loss from operations is expected to be USD 3.2 million or better, assuming stock-based compensation between USD 2.5 million to USD 3.5 million and amortization of intangible assets from acquisitions between USD 0.8 million to USD 1.2 million. This estimate excludes any prospective gain or loss on sales and disposals of intangible assets. The company anticipates that revenue will be between USD 36.5 million and USD 37.5 million. The company anticipates a range of USD 1.5 million to USD 2.5 million in adjusted operating income before amortization and a range of USD 2.5 million to USD 3.5 million in adjusted EBITDA. For the year, the company expects revenues to be in the range of USD 146 million to USD 150 million, adjusted OIBA of USD 10.5 million to 11.5 million. Adjusted EBITDA estimated add-backs of approximately USD 4 million in additional depreciation and amortization to adjusted OIBA, implying an adjusted EBITDA of USD 14.5 million to USD 15.5 million. For call driven revenue, the company is forecasting a range of USD 127 million to USD 130 million.

Marchex, Inc. announced the launch of several new features to its Local Leads platform, which has focused exclusively on boosting customer conversions at the local level for nearly a decade. These new features are designed to drive greater campaign effectiveness for national brands with a local presence. Advertisers will now have: maximum brand control across hundreds or thousands of local affiliates; increased local demand generation across mobile and other digital channels; and the ability to manage the competitive and increasingly fragmented digital landscape. Marchex will also work closely with corporate and regional marketing teams to design the program, manage the launch process and provide ongoing support. Marchex's new solution provides: a pay for oerformance model and platform, rather than paying for advertising media, advertisers pay only for actual lead outcomes (e.g. phone calls or lead forms); unique performance elements for promoting local affiliates in the same region and to co-ordinate local and national campaigns; consistent branding and messaging on landing pages and other materials; and market-leading call analytics and lead-focused reporting.

Marchex, Inc. Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-07-2013 11:30 AM. Venue: The Westin New York, Times Square Hotel, New York, New York, United States. Speakers: Michael A. Arends, Chief Financial Officer, Russell C. Horowitz, Founder, Chairman, Chief Executive Officer and Treasurer.