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Local.com (LOCM) Raises Q3 Outlook; Offers Q4, FY11 Guidance

September 6, 2011 7:35 AM EDT
Local.com (Nasdaq: LOCM) boosts its Q3 sales guidance to about $21.5 million. Net loss for the quarter is expected to be about $1.5 million. The Street is currently looking for Q3 sales of $21 million.

Sees Q4 sales of more than $24 million with an adjusted net loss below $1.5 million. Analysts expecting quarterly sales of $26.15 million.

Sales for FY11 are expected to be greater than $78 million. Street sees FY11 sales of $79.55 million.


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