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ReachLocal Grows Revenues By 47 Percent

socalTECH

Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm reported a net loss of $2.8M, compared with net income of $14.9M in revenues. for the quarter. for the quarter. to $291.5M.

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ReachLocal Files For IPO

socalTECH

Woodland Hills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Accoriding to ReachLocal, it had net income of $11.6M For 2008, the firm had a net loss of almost $7M on revenues of $146.68M. Tags: reachlocal local advertising merger acquisition. READ MORE>>.

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ReachLocal Prices IPO At $13.00 Per Share

socalTECH

Woodland Hills-based ReachLocal priced its IPO last night at $13.00 per share, according to filings with the SEC this morning, netting the firm $54.1M. Tags: reachlocal merger acquisition rloc. The IPO pricing was significantly below the estimated $17.00 per share the firm had indicated in its earlier S-1 filings.