- Revenue was $34.0 million for the second quarter of 2012, compared to $38.8 million for the same period of 2011.
- GAAP net income applicable to common stockholders was $330,000 for the second quarter of 2012 or $0.01 per diluted share. This compares to GAAP net income applicable to common stockholders of $80,000 or $0.00 per diluted share for the same period of 2011. The second quarter 2012 results included non-cash stock-based compensation expense of $4.8 million, compared to non-cash stock-based compensation expense of $3.9 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 second quarter 2012 was $0.06, compared to $0.08 for the same period in 2011.
- Adjusted operating income before amortization was $3.7 million for the second quarter of 2012, compared to $5.0 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 $4.6 million in the second quarter of 2012, compared to $6.0 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 Second Quarter 2012 Financial Results
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