$2.1 Million of Domains Last Quarter — Marchex Sold
Marchex sells of more domain names.
Marchex noted GAAP earnings of two cents per share following the bell today on $28 million revenue in the fourth quarter of 2010.
It also disclosed that it sold $2.1 million of “non-strategic” domain names in the quarter. Marchex frequently notes seven figures worth of domain name sales in its earnings announcements.
The firm is famous for buying Yun Ye’s domain name portfolio for $164 million. A number of domain names in its portfolio aren’t strategic to the firm’s focus on local advertising and the firm sells them on occasion — but for a price.
One person who contacted Marchex regarding a domain purchase told me the firm won’t consider offers under $30,000 for a domain.
Full Marchex earnings information is available here.




