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Local Corporation Message Board

  • fankenguru fankenguru Aug 10, 2014 3:06 PM Flag

    Investing in innovation as a primary vehicle for growth of Local Corp

    - 48% of employees of Local Corp will work in research and development by 2014

    - Local Labs serves as a digital technology lab and start-up incubator focused on innovating the digital ecosystem that converges around the digital shopper’s path from discovery to decision.

    - 2014 Estimated Revenue: 15% of the projected revenue generated from new initiatives. That are by 107 million revenues of the last guidance about 16 million revenues from new initiatives.

    - 2013: 26 Research & development employees = 27% of workforce
    2014 (estimate): 47 Research & development employees = 48% of workface

    Source Last Corperate Overview Q2/2014 (filed as 8-K to the SEC) Le

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    • y_o_s_e@ymail.com y_o_s_e Aug 10, 2014 3:44 PM Flag

      shame their forecast shows little/no growth the rest of the year ($107 million at the high end less $26.2 in Q1 leaves $80.8 the rest of the year which averages out to $26.9 million a quarter). They're not very good investors, kind of like you flanky

 
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