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Last $2.92 USD
Change Today +0.07 / 2.46%
Volume 21.9K
As of 8:10 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

reachlocal inc (RLOC) Key Developments

ReachLocal, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

ReachLocal, Inc. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $99,563,000 against $124,736,000 a year ago. Operating loss was $12,527,000 against $8,369,000 a year ago. Loss from continuing operations before income taxes was $12,683,000 against $8,181,000 a year ago. Loss from continuing operations was $12,782,000 or $0.44 per basic and diluted share against $6,313,000 or $0.22 per basic and diluted share a year ago. Net loss was $12,782,000 or $0.21 per basic and diluted share against $5,973,000 or $0.02 per basic and diluted share a year ago. Net cash used in operating activities was $4,589,000 against $2,455,000 a year ago. Additions to property, equipment and software were $4,134,000 against $4,098,000 a year ago. Adjusted LBITDA was $3,785,000 against EBITDA of $2,261,000 a year ago. Non-GAAP net loss was $10,164,000 against $2,001,000 a year ago. Non-GAAP net loss per diluted share was $0.35 against $0.07 a year ago. For the second quarter of 2015, the company expects revenue in the range of  $97 to $101 million. Adjusted EBITDA loss not to exceed $1 million.

ReachLocal, Inc. to Report Q1, 2015 Results on May 05, 2015

ReachLocal, Inc. announced that they will report Q1, 2015 results at 2:00 PM, Pacific Standard Time on May 05, 2015

ReachLocal, Inc., Q1 2015 Earnings Call, May 05, 2015

ReachLocal, Inc., Q1 2015 Earnings Call, May 05, 2015

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.

 

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Price/Book 2.0x
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TEV/Sales 0.1x
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