- Revenue was $35.5 million for the first quarter of 2012, compared to $29.1 million for the same period of 2011.
- GAAP net loss applicable to common stockholders was $788,000 for the first quarter of 2012 or $0.02 per diluted share. This compares to GAAP net income applicable to common stockholders of $513,000 or $0.01 per diluted share for the same period of 2011. The first quarter 2012 results included non-cash stock-based compensation expense of $3.9 million, compared to non-cash stock-based compensation expense of $3.5 million for the same period in 2011.
- We provide a reconciliation of GAAP diluted EPS to Adjusted Non-GAAP EPS in the financial tables attached to this press release and we encourage investors to examine the reconciling adjustments between the GAAP and non-GAAP measures. Adjusted non-GAAP EPS for first quarter 2012 was $0.05, compared to $0.06 for the same period in 2011.
- Adjusted operating income before amortization was $3.3 million for the first quarter of 2012, compared to $3.2 million for the same period of 2011. A reconciliation of non-GAAP adjusted operating income before amortization to GAAP operating income is included in the financial tables attached to this release.
- Adjusted EBITDA was $4.3 million in the first quarter of 2012, compared to $4.2 million for the same period of 2011. A reconciliation of adjusted EBITDA to GAAP net cash provided by operating activities is included in the financial tables attached to this release.
Marchex Reports First Quarter 2012 Financial Results
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