Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $0.39 USD
Change Today -0.024 / -5.78%
Volume 97.2K
LOCM On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

local corp (LOCM) Snapshot

Open
$0.42
Previous Close
$0.42
Day High
$0.43
Day Low
$0.39
52 Week High
06/30/14 - $2.23
52 Week Low
03/24/15 - $0.33
Market Cap
9.5M
Average Volume 10 Days
205.0K
EPS TTM
$-0.47
Shares Outstanding
24.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LOCAL CORP (LOCM)

Related News

No related news articles were found.

local corp (LOCM) Related Businessweek News

No Related Businessweek News Found

local corp (LOCM) Details

Local Corporation, a technology and advertising company, provides search results to consumers who search online for local businesses, products, and services in the United States. The company offers various local search advertising products and services comprising Local.com, a Website and app, which reaches approximately 20 million monthly unique visitors (MUVs); hosted network, a database of local business and product listings along with ad feeds, which consists of approximately 1,000 partner Websites and reaches approximately 5 million MUVs; syndication network, an ad feed solution; and display and pre-roll video networks that provide advertisers with additional reach and exposure for brands through distribution of customized display and pre-roll ads. It also provides pay-per-click, pay-per-call, and display ad units through its search results; and photographs, user ratings and reviews, video, coupons, hours of operations, and others to users of its Websites and network partner Websites, as well as third party partners. The company was formerly known as Local.com Corporation and changed its name to Local Corporation in September 2012. Local Corporation was founded in 1999 and is headquartered in Irvine, California.

60 Employees
Last Reported Date: 05/15/15
Founded in 1999

local corp (LOCM) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $296.6K
Chief Financial Officer and Secretary
Total Annual Compensation: $304.1K
Chief Legal Officer
Total Annual Compensation: $283.8K
Compensation as of Fiscal Year 2014.

local corp (LOCM) Key Developments

Local Corporation Announces Unaudited Consolidated Financial and Operating Results for the First Quarter Ended March 31, 2015

Local Corporation announced unaudited consolidated financial and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $13,087,000 against $26,180,000 a year ago. Operating loss was $3,532,000 against $1,677,000 a year ago. Loss before income taxes was $4,580,000 against $2,554,000 a year ago. Net loss was 4,580,000 or $0.20 per basic and diluted share against $2,828,000 or $0.12 per basic and diluted share a year ago. Net cash used in operating activities was $1,800,000 against $727,000 a year ago. Capital expenditures was $478,000 against $940,000 a year ago. Adjusted LBITDA was $2,218,000 or $0.10 per diluted share against adjusted EBITDA of $712,000 or $0.03 per diluted share a year ago. The decrease in revenue during the first quarter of the year resulted in a decreased ability to borrow on line of credit. For the quarter, the company reported overall traffic of 59 million MUV against 72 million MUV a year ago. Organic traffic was 20 million MUV against 17 million MUV a year ago. Mobile traffic was 23 million MUV against 23 million MUV a year ago.

Local Corp. To Explore Strategic Alternatives

Local Corporation (NASDAQ:LOCM) has engaged Siemer & Associates as its financial advisor to explore strategic alternatives to enhance shareholder value.

Local Corporation to Report Q1, 2015 Results on May 15, 2015

Local Corporation announced that they will report Q1, 2015 results at 8:00 AM, Pacific Standard Time on May 15, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LOCM:US $0.39 USD -0.024

LOCM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dex Media Inc $0.95 USD -0.1099
Google Inc $554.52 USD -2.29
Herbalife Ltd $51.53 USD +0.23
Microsoft Corp $46.90 USD -0.52
Yahoo! Inc $43.49 USD -0.19
View Industry Companies
 

Industry Analysis

LOCM

Industry Average

Valuation LOCM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LOCAL CORP, please visit www.localcorporation.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.