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ReachLocal Inc Issues Q2 2013 Guidance Below Analysts' Estimates; Reaffirms FY 2013 Guidance


Tuesday, 7 May 2013 04:11pm EDT 

ReachLocal Inc announced that for second quarter of 2013, it expects revenues in the range of $124 million to $126 million and adjusted EBITDA in the range of $5 million to $6 million. For fiscal 2013, it maintaining guidance and expects revenues in the range of $530 million to $540 million and adjusted EBITDA in the range of $29.5 million to $31.5 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $131 million and EBITDA of $7 million for second quarter of 2013; revenue of $534 million for fiscal 2013. 

Company Quote

6.51
0.17 +2.68%
30 Jul 2014