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Marchex sells record $3.3 million in domains on Q2

August 2, 2012Domaining, Domainnamewire, marchex, mchx, UncategorizedComments Off on Marchex sells record $3.3 million in domains on Q2

Not much else to smile about in its quarterly report.

Marchex just released earnings for its second quarter.

Most notable to the domain name industry is that the company had a record quarter for domain name sales — $3.3 million.

There’s no additional insight into the sales in the company press release, but perhaps we’ll get more from its conference call.

Marchex typically sells $1M-2.5M in domain names each quarter from its portfolio. Last time I checked the minimum offer it considered for a domain was $30,000.

Second quarter revenue was $34.0 million, compared to $38.8 in the same quarter last year.

GAAP income was $330,000, or one cent per share.

© 2011.

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Tucows and Marchex See Shares Bounce on Earnings

February 19, 2010domain stocks, Domaining, Domainnamewire, marchex, mchx, tcx, Tucows, UncategorizedComments Off on Tucows and Marchex See Shares Bounce on Earnings

Market happy with results at two domain name companies.

Two publicly traded domain name companies have seen a nice bounce in their stock prices after reporting earnings.

Tucows reported net income of 3 cents per share for the fourth quarter of 2009 on February 16 after the market closed. It also reported $2.88 million of cashflow from operations. Shares of Tucows bounced 15% the following day to $.77, and then another 21% the following day to close at $.93. That’s a two day gain of nearly 40%. (Shares are off in early trading today.)

Marchex reported earnings after the bell yesterday that exceeded analyst’s expectations. Excluding one-time charges, the company earned 4 cents per share last quarter. Analysts had predicted three cents per share. The company also announced first quarter revenue guidance slightly higher than analysts were expecting. Shares of Marchex are up 6% in early trading today.

Disclosure: I own shares in a number of domain name company stocks.

© 2009.

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Related posts:

  1. Tucows Reports Strong Earnings and More Stock Buybacks
  2. UPDATED: Marchex Revenue Sinks, Sells $1M in Domain Names
  3. Marchex Revenue Falls 44%