Local.com aussichtsreich

"Local.com's existing commitment to local communities is consistent with our vision for School Rewards. Local.com has a considerable array of assets that we believe we can leverage, including reach of over 20 million consumers each month through its flagship property plus a distribution network of over 1,400 regional media sites. We are very pleased to be joining forces with Local.com to deliver daily deals to an even broader audience of consumers, thereby expanding our ability to engage and serve even more local communities nationwide."

Momentan werde ich meine Position aber nicht verändern, weder zukaufen noch verkaufen. Zukaufen nicht wegen der momentanen allgemeinen Börsensituation. Jetzt sind viele Blue Chips mit weniger Risiko wieder so günstig. Verkaufen auch nicht, denn dazu erscheinen mir die aktuellen Entwicklungen zu aussichtsreich. Und wenn da mal was klappt, dann reagiert der Kurs hier sehr schnell, nicht wie bei manchen guten, aber unglaublich trägen Nebenwerten aus Deutschland.

» State Tax Provision Expense of approximately $50,000
» Depreciation Expense of approximately $900,000
» Amortization Expense of approximately $1.7 million
» Stock Compensation Expense of approximately $970,000
» Warrant Revaluation Expense and Other Non-Recurring items are undeterminable*



Preliminary financial guidance for the fourth quarter of 2011:


•Revenue: Greater than $24 million.
•Adjusted Net Loss: Below $1.5 million. The company expects to generate positive cash flow from operations during the fourth quarter.
•Projected fourth quarter 2011 Adjusted Net Income (Loss) factors:» Interest Expense of approximately $90,000
» State Tax Provision Expense of approximately $50,000
» Depreciation Expense of approximately $950,000
» Amortization Expense of approximately $1.5 million
» Stock Compensation Expense of approximately $820,000
» Warrant Revaluation Expense and Other Non-Recurring items are undeterminable*



Updated financial guidance for fiscal year ending Dec. 31, 2011:


•Revenue: Greater than $78 million.


The company's third and fourth quarter revenue guidance includes a net financial benefit of approximately $500,000 and $500,000 respectively, resulting from the modification of contracts.

"Our updated guidance reflects the positive impact of the many changes we made in the first half of the year. We predicted strong revenue growth in the second half of 2011, and we're pleased that this is now coming in ahead of our expectations," said Local.com chairman and chief executive officer, Heath Clarke. "We continue to remain laser-focused on integrating our recent acquisitions, and are pleased to report Spreebird's first million-dollar month in August. Our team is making great progress in developing innovative new local online advertising products, and we look forward to announcing those in the coming months."

* The valuation of the warrant liability is based in large part on the underlying price and volatility of our common stock during the quarter. Since we cannot predict this, we cannot project the non-cash gain or loss in connection with these warrants, and therefore, cannot reasonably project our GAAP net income (loss). We therefore cannot provide GAAP net income (loss) guidance, but do report GAAP net income (loss) results.