--(www.USEquityNews.com)-- 07/17/2008 - Marketing Services industry alert provided by U.S. Equity News. Marchex, Inc. (NASDAQ: MCHX), a local search and advertising company, recently announced that it will release financial results for its second quarter 2008 ended June 30, 2008 on August 5, 2008, at approximately 4:30 p.m. ET. At that time, Marchex will also post the press release on the News section of its corporate Web site (www.marchex.com/marchex-news/). Following the release, management will hold a conference call, starting at 5:00 p.m. ET on August 5 to discuss the results and outlook for the company. A live Webcast will be available on the Earnings Releases area of the Investor Relations section of the Marchex Web site (www.marchex.com/investors/earningsreleases), where an archived version of the Webcast will be also available, beginning two hours after completion of the call.
Peace Arch Entertainment Group Inc. (TO: PAE) recently announced operating results for its third quarter of fiscal 2008, ending May 31, 2008. The Company reported revenues of $23.5 million versus $18.8 million for the same period last year, with revenues for the nine months ended May 31, 2008 up $11.1 million to $61.5 million compared to $50.4 million last year. Peace Arch reported a net loss of $(6.6) million or $(0.14) per diluted share for the three months ended May 31, 2008, compared to net earnings of $1.1 million, or $0.03 per diluted share for the same period last year. For the nine months ended May 31, 2008, the net loss was $(8.7) million or $(0.18) per diluted share, as compared to net earnings of $2.0 million, or $0.05 per diluted share last year. The loss during the quarter is largely due to a write-down of investment in film of $2.5 million, bad debt expense of $2.2 million and print and advertising expenditures of approximately $900,000.
MDC Partners Inc. (NYSE: MDZ) ("MDC Partners" or the "Company") announced recently that it will report its results for the three and six months ended June 30, 2008 on Wednesday, July 30, 2008, after the close, and will host a conference call to review its earnings on July 30, 2008 at 4:30 p.m. (EST). This conference call will be accessible by dialing 1-416-644-3427 or toll free 1-800-595-8550. Please ask the operator for the "MDC Partners Conference Call". To ensure proper connection, it is advised to call ten minutes prior to start time. A recording of the conference call will be available until Friday, August 15, 2008 by dialing 1-416-640-1917 or toll free 1-877-289-8525 (passcode 21277859 followed by the number sign) or by visiting our website at www.mdc-partners.com.
Petel Incorporated (OTC: PTEI), the Broadband TV and Digital Media specialists, recently announce continued growth in revenue with an increase of 131% for Quarter 2 2008 over Quarter 1 2008. Further to Quarter 1 2008 closing with an increase in revenue of 82% over Quarter 4 2007, the board is pleased to announce the group has achieved a 131% increase in Quarter 2 revenue compared to the previous quarter. "We are pleased to register continued growth in revenues for the group from albeit a modest start to first quarter revenues of some $30,000. We now report quarter two revenues of $69,045," comments CEO David Morton.
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