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Last $2.87 USD
Change Today +0.07 / 2.50%
Volume 55.9K
RLOC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

reachlocal inc (RLOC) Key Developments

ReachLocal, Inc., Annual General Meeting, Apr 29, 2015

ReachLocal, Inc., Annual General Meeting, Apr 29, 2015., at 09:00 Pacific Standard Time. Location: Fairmont Miramar Hotel & Bungalows. Agenda: To consider the election of Jim Geiger and Habib Kairouz to serve as members of its board of directors until the 2018 annual meeting of stockholders and until their respective successors have been duly elected and qualified; to consider the ratification of the appointment of Grant Thornton LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2015; and to transaction of any other business that may properly come before the meeting or any adjournments or postponements thereof.

ReachLocal Inc Announces Executive Appointments

ReachLocal Inc. announced the appointments of Paras Maniar as its Chief Strategy Officer and Megan Opp as its Chief People Officer. The additions are instrumental in helping the company increase its focus on strategy and on developing and attracting the talent needed to achieve its long-term objectives. Paras and Megan bring the expertise and proven leadership needed to help ReachLocal transform its business and become the leading provider of a total digital marketing system for local businesses worldwide. Maniar will work with the executive team, particularly corporate development, product, marketing, sales and services, to build the roadmap that helps ReachLocal deliver on its vision. Opp will focus on building a coordinated human resources strategy that leverages global best practices to create the culture and infrastructure needed for ReachLocalâ s talent worldwide to develop and grow along with the company. Most recently, Maniar was with WPSChallenger, where he managed the venture fund's portfolio and investments in North America. Prior to that, he was a founding executive of EQAL, a social media startup acquired by Everyday Health. While there he served in executive roles including Chief Strategy Officer, EVP of Corporate Development, Chief Operating Officer and board member. Most recently, Maniar was with WPSChallenger, where he managed the venture fund's portfolio and investments in North America. Prior to that, he was a founding executive of EQAL, a social media startup acquired by Everyday Health. While there he served in executive roles including Chief Strategy Officer, EVP of Corporate Development, Chief Operating Officer and board member. Opp brings more than two decades of human resources experience in the technology, digital media, energy, real estate, and financial services industries. Most recently, she was Senior Vice President of Human Resources for Conversant, where she developed worldwide programs focused on compensation, learning and development, employee recognition, talent acquisition, and initiatives to support a unified company culture.

ReachLocal, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-11-2015 10:30 AM

ReachLocal, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-11-2015 10:30 AM. Venue: Le Parker Meridien, 119 West 56th Street, New York, NY 10019, United States. Speakers: Ross G. Landsbaum, Chief Financial Officer.

ReachLocal, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and full year 2015

ReachLocal, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of $109.01 million compared to $132.89 million a year ago. Net loss from continuing operations was $17.74 million or $0.62 per diluted share compared to net income from continuing operations of $728,000 or $0.03 per diluted share a year ago. Net loss was $17.46 million or $0.61 per diluted share compared to net income of $585,000 or $0.02 per diluted share a year ago. Non-GAAP net loss was $15.00 million or $0.52 per diluted share compared to Non-GAAP net loss of $546,000 or $0.02 per diluted share a year ago. Adjusted LBITDA was $5.92 million compared to Adjusted EBITDA of $5.99 million a year ago. Cash flow from continuing operations was $4.364 million compared to $2.789 million a year ago. Cash flow from operating activities was $4.851 million compared to $2.287 million a year ago. Operating loss was $14.66 million compared to $1.07 million a year ago. Loss from continuing operations before income taxes was $14.32 million compared to loss from continuing operations before income taxes of $1.01 million a year ago. For the full year, the company reported revenue of $474.92 million compared to $514.07 million a year ago. Net loss from continuing operations was $45.66 million or $1.60 per diluted share compared to net income from continuing operations of $3.05 million or $0.11 per diluted share a year ago. Net loss was $45.01 million or $1.58 per diluted share compared to net loss of $2.48 million or $0.09 per diluted share a year ago. Non-GAAP net loss was $32.56 million or $1.14 per diluted share compared to Non-GAAP net income of $11.88 million or $0.41 per diluted share a year ago. Adjusted LBITDA was $9.41 million compared to Adjusted EBITDA of $32.80 million a year ago. Cash flow used in continuing operations was $1.40 million compared to cash flow from continuing operations of $30.69 million a year ago. Cash flow used in operating activities was $2.32 million compared to cash flow from operating activities of $26.69 million a year ago. Operating loss was $46.11 million compared to operating income of $6.16 million a year ago. Loss from continuing operations before income taxes was $45.18 million compared to income from continuing operations before income taxes of $6.75 million a year ago. Additions to property, equipment and software was $25.74 million compared to $19.75 million a year ago. The company provided earnings guidance for the first quarter and full year 2015. For the quarter, the company expects revenue in the range of $100 million to 105 million and adjusted EBITDA loss in the range of $5 million to $7 million. For 2015, the company is expecting capital spending to range from $18 million to $20 million, principally related to software development.

ReachLocal, Inc. to Report Q4, 2014 Results on Feb 10, 2015

ReachLocal, Inc. announced that they will report Q4, 2014 results at 5:00 PM, US Eastern Standard Time on Feb 10, 2015

 

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