ReachLocal (RLOC) Posts Q1 Profit of $0.01/Share
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ReachLocal Reports Fourth Quarter and 2015 Results
February 25, 2016 4:23 PM ESTWOODLAND HILLS, Calif., Feb. 25, 2016 (GLOBE NEWSWIRE) -- ReachLocal, Inc. (NASDAQ: RLOC), a leader in powering online marketing for local businesses, today reported financial results for the fourth quarter and 2015.
Returning the company to Adjusted EBITDA profitability was a stated goal for ReachLocal as we entered 2015 and Im pleased that we delivered on that goal, both for the fourth quarter and the full year. We continued to demonstrate strong bottom-line performance and reductions in operating expenses, resulting in $4.3 million of... More
