ReachLocal (NASDAQ:RLOC), a leading provider of marketing solutions to small and medium-sized businesses, is itself poised for large-scale growth in the years to come. Although 2013 EPS is set to fall sharply from historical levels, the decline is driven in large part by tax issues, which will abate in the years beyond 2013 (more detail on this later). Backed by a strong balance sheet and a solid corporate strategy, ReachLocal is well positioned to reach sustained profitability in 2013 and beyond, thereby building value for both its customers and its shareholders. Ahead of the company's Q2 results, which will be released on August 6, we believe that investors should add to or initiate positions in ReachLocal, when...
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