Thursday, November 6, 2008

Marchex has a Strong Third Quarter

Marchex reported revenue of $37.2 million for the third quarter of 2008, compared to $33.5 million for the same period of 2007, and $1.3 million of net income for common shareholders as compared to a net loss for common shareholders of $1.5 million for the same quarter last year. Marchex is the leading holder and developed of domains, it owns about 40,000 5-digit numeric .com domains representing US zip codes, and the .net variety of each of most of these domains.