Revenues of Local Corp wiil be in Q4/2013 will be 27 million. That are 108 million on a yearly base and together with the idoitic low market-cap of 37 million only 0.34-times-revenues.
Revenues in 2013
Q1/2013: 21.8 million (reported)
Q2/2013: 22.7 million (reported)
Q3/2013: 23.5 million (reported)
Q4/2013: 27.0 million (result of the last guidance of 95 million, if you subtract from this 95 million the revenues of Q1 - Q3).
EBITDA of Local Corp was positive during all the last three quarters in 2013 and increased from quarter to quarter
Financials and Key Metrics at a Glance
$ in Millions Q3-13 Q2-13 Q3-12
GAAP Consolidated Revenue $ 23.5 $ 22.7 $ 24.4
Consolidated Revenue ex-Network TAC $ 15.7 $ 15.8 $ 22.3
GAAP Net Loss $ (1.7) $ (3.6) $ (3.8)
Adjusted EBITDA $ 1.3 $ 1.2 $ 0.2
And the justed EBITDA will be positive with 1.8 million after the guidance (4.5 million for all quarters of 2013) und grow the fourth more in a row.
For example: Yelp has only the 2.6-fold revenues of Local Corp, but with 4.01 billion the 109-fold market-cap of the idiotic low 36.6 million of Local Corp. Such a divergence will never lasten.
Local Corp., the company that connects consumers with all local businesses, today announced financial results for the third quarter ended September 30, 2013
• Sequential revenue growth up 4% to $23.5 million in Q3-13 from $22.7 million in Q2-13.
• Adjusted EBITDA up 12% to $1.3 million in Q3-13 from $1.2 million in Q2-13.
Yelp Inc., the company that connects consumers with great local businesses, today announced financial results for the third quarter ended September 30, 2013.
• Sequential revenue growth up 11.3% to $61.2 million in Q3-13 from $55.0 million in Q2-13.
• Adjusted EBITDA for the third quarter of 2013 was approximately $8.1 million.
Local Corporation Launches Havvit™ Local Shopping App
Krillion® Powered iOS® 7 App Enables Personalized Mobile Shopping with Millions of Localized Products
IRVINE, Calif.--(BUSINESS WIRE)--Dec. 12, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the launch of version 1.0 of its Havvit™ local... More
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fankenguru fankenguru • 18 hours ago Flag0 users liked this posts users disliked this posts 0 Reply Description
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No, not holding shares...Google was approved 6 months ago to go forward with the non-voting shares that shareholders had held up with a lawsuit from Sept/Oct of 2012....
Disclosure: Holding 31 January 18 / 2014 1070 long calls in GOOG
This is the time of year to reward the faithful...Could happen!
They have been sitting on those shares for 6 months now...what would that do to PPS? $1300+
funny, you sound bitter..short?...military already using the "Mule" robots in training soldiers for medical evacuation purposes....testing by the military has shown these "Mule" robots that stand 5' high and 6" long can carry 2 wounded soldiers out of battlefield conditions in bullet proof shells...
how much you think the military will budget for 1000's of these type uses? Billions!
Sentiment: Strong Buy
beyond with end of year and January rally.
Another crushing blow for shorts today as not only GOOG but thge entire markets have bounced very hard off support ahead of the Fed meeting. Shorts were looking to make hay today thinking nervous investors would flee before Tues / Weds meetings. They didn't pay attention last week. The sell-off was very low volume, hardly a stamped to the exits. Technically beautiful for GOOG today and the next area resistance at $1081 may be breached this week. No taper and the rally is in full blown mode..
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Hey my free speech poster child Madbendovers, are you using your free speech today, again, to claim you have a free speech right, nay the duty, to hold my free speech poster kids John and Sullied's hair while they puke up here publicly again, and that this makes any of you dodge that big throbbing scratchy loofah of truth that is reaming you, going in and out and in and out and in and out publicly? Because Missy you would be wrong. Wrong as always I say.
next leg to $1100.
Last week was capitulation of weak swing and day traders exiting on taper talk...trend is still in place as GOOG is still in a bull flag rise as it rises and then consolidates...very bullish!