Reach Local (RLOC): Q1 EPS of -$0.07 misses by $0.01. Revenue of $104M (+24% Y/Y) beats by $1M. (PR)


Reach Local (RLOC): Q1 EPS of -$0.07 misses by $0.01. Revenue of $104M (+24% Y/Y) beats by $1M. (PR)
Comments (3)
  • Bross
    , contributor
    Comments (16) | Send Message
     
    Perhaps, we are reading different rews releases. The one I read said they lost 3 cents per share on GAAP earnings, but they made 7 cents per share on non-GAAP earnings. Since they were on average expected to lose 6 cents per share on GAAP earnings, it seems they did a lot better than was expected. I could find nothing anywhere that said they lost 7 cents per share under any type of accounting principles.
    1 May 2012, 05:37 PM Reply Like
  • James Sands
    , contributor
    Comments (2635) | Send Message
     
    4:25PM ReachLocal misses by $0.07, beats on revs; guides Q2 revs in-line; guides FY12 revs in-line (RLOC) 7.53 -0.03 : Reports Q1 (Mar) loss of $0.03 per share, $0.07 worse than the Capital IQ Consensus Estimate of $0.04; revenues rose 23.7% year/year to $104 mln vs the $102.83 mln consensus. Co issues in-line guidance for Q2, sees Q2 revs of $108.7-$110.7 mln vs. $108.48 mln Capital IQ Consensus Estimate. Sees Q2 adjusted EBITDA of $4.3-$5.3 mln. Co issues in-line guidance for FY12, sees FY12 revs of $439-$454 mln vs. $441.47 mln Capital IQ Consensus Estimate. Sees Adjusted EBITDA of $18-$22 mln.

     

    Directly from YahooFinance.
    1 May 2012, 06:16 PM Reply Like
  • James Sands
    , contributor
    Comments (2635) | Send Message
     
    Stock is up 8 percent in after-hours. You are right on Bross.
    1 May 2012, 06:18 PM Reply Like
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