Business Context and Reporting Period
Company: Marchex, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: May 5, 2011
Reporting Period: Quarter ended March 31, 2011
This filing announces the issuance of a press release and a conference call regarding the company's financial results for the first quarter of 2011. The detailed financial data is contained in the attached press release (Exhibit 99.1) and is furnished, not filed, under Section 18 of the Exchange Act.
Key Financial Metrics
The Form 8-K text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being detailed in the attached press release (Exhibit 99.1). The filing notes that the company is referencing non-GAAP financial measures in its communications, with reconciliations to GAAP measures provided in the press release.
Material Changes
The filing text does not explicitly state material changes versus the prior comparable period. Specific performance comparisons are contained within the furnished press release.
Guidance, Outlook, and Risks
- Management Commentary: Management is holding a conference call to discuss the results.
- Non-GAAP Measures: The company utilizes non-GAAP financial measures, providing definitions and reconciliations in the press release to explain their utility to investors.
- Legal Status of Information: The information in Item 2.02 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act and cannot be incorporated by reference into other registration statements unless expressly set forth.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q1 2011 revenue, earnings, and cash flow figures.
- Examine the reconciliation of non-GAAP to GAAP financial measures provided in the press release.
- Verify the definitions of non-GAAP measures used by management to ensure consistency with prior periods.
- Confirm the date of the press release in the exhibit index, noting a discrepancy in the text where the index lists a 2010 date while the body references a 2011 report.