Marchex See Shares Bounce on Earnings — Tucows and

Market happy with results at two domain name firms.

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

Tucows noted net income of 3 cents per share for the fourth quarter of 2009 on February 16 following the market closed. It also noted $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 noted earnings following the bell yesterday that exceeded analyst’s expectations. Excluding one-time charges, the firm earned 4 cents per share last quarter. Analysts had predicted three cents per share. The firm also disclosed 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 firm stocks.