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Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
ReachLocal, Inc.
Type
Division
Industry Online marketing
Founded 2003
Headquarters Woodland Hills, California, United States
Area served
North America
Europe
Asia
Australia
New Zealand
Revenue $514.07 million (As of 2013)
Parent Gannett Company
Website www.reachlocal.com

ReachLocal, Inc. (ReachLocal) is an online marketing and advertising solution provider for small, medium, and large businesses, advertising to consumers in local markets. It provides Internet and mobile Internet marketing solutions to business clients in the United States, Europe, Asia and Australia. As of Q1 17, it is now a division of Gannett

ReachLocal was founded in 2003 by Zorik Gordon, Nathan Hanks, Michael Kline, Robert Wright, John Mazur, and Robert “Rick” Spitz, with headquarters in Woodland Hills, California and operations in four global regions.

ReachLocal has over 1,300 employees across 68 offices located in the United States, Australia, Brazil, Canada, Mexico, Germany, the Netherlands, New Zealand, Singapore, Austria, India, Belgium, and Japan. As of February 2016, the company has more than 17,000 active clients. ReachLocal operated in the United Kingdom until December 2015 when they entered Administration. Fat Media purchased the UK assets, customer contracts and goodwill from ReachLocal UK Ltd.

ReachLocal’s first product was a search engine advertising service called ReachSearch. This technology places businesses’ advertisements on multiple search engines, including Google, Yahoo! and Bing. ReachLocal has since introduced a range of digital marketing products, including ReachEdge, its award-winning lead conversion software.

In 2010, ReachLocal launched its initial public offering (IPO). Before the company’s IPO, ReachLocal was venture-backed by VantagePoint Venture Partners, Rho Ventures and Galleon Special Opportunities Partners Fund LP.

In April 2014, ReachLocal appointed B2B and information services veteran leader Sharon Rowlands as Chief Executive Officer and member of its board of directors, replacing interim CEO David Carlick.

In June 2016, the company was acquired by Gannett Co. for about $156 million.

In addition to search engine marketing, ReachLocal provides other online marketing solutions for their clients. In 2005, the company launched ReachSearch, a search engine advertising product designed to attract more leads from consumers. The product achieves this by placing text advertisements on leading search engines and directories.

In 2009, ReachLocal introduced ReachDisplay, an online display advertising service that places banner advertisements on premium websites. The following year, the company built ReachCast, a web marketing service, and launched a site retargeting product called ReachRemarketing in 2011.

ReachRetargeting was launched in 2012 and combined the site retargeting technology of ReachRemarketing with a new feature set that also included search retargeting. This was followed by the launch of award-winning website and lead management system ReachEdge in 2013. Within six months, ReachEdge had launched over 1000 client websites. In 2014, ReachLocal introduced a search engine optimization service, ReachSEO. In 2015, ReachLocal launched ReachListings, a local listings management solution. In 2016, ReachLocal launched ReachSocial Ads, a Facebook advertising solution, and enhanced their SEO solution, ReachSEO.

ReachLocal has developed a proprietary technology platform to serve their customers. The company has also developed various technologies to assist their clients in publishing their campaigns and tracking, optimizing and reporting results for a variety of their services. In September 2012, the company released the first ReachLocal mobile application, which provides real-time lead notifications and reports to their clients, followed by the ReachEdge app in 2013. Both applications are available for Apple iOS and Android.

ReachEdge, the company’s marketing automation platform released in 2013, provides clients with a list of leads, sources, actions needed, performance and reports. The platform consists of a website, lead management software and the aforementioned mobile application.

In February 2014, ReachLocal released LigerMobile, an open source framework that assists in the development of hybrid apps.

Investment goal date:
Dividends reinvested
ReachLocal, Inc. RLOC report Q2 2016
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q4 2016
2017-02-15
--
--
Q3 2016
2016-11-01
--
--
Q2 2016
2016-07-29
-0.1400
-0.1400
Q1 2016
2016-05-03
-0.2100
-0.2100
Q4 2015
2016-02-25
-0.1500
-0.0900
Q3 2015
2015-11-03
-0.2700
-1.2200
Q2 2015
2015-08-04
-0.3600
-0.3600
Q1 2015
2015-05-05
-0.4400
-0.4400
Q4 2014
2015-02-10
-0.6200
-0.6200
Q3 2014
2014-11-04
-0.4000
-0.4000
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Major Shareholders
Name Relationship
Total Shares
Holding stocks
DYKES ROBERT R B
0.3500% (101925)
PAY / RLOC /
DELLA FLORA DANIEL E
0.0800% (24300)
RLOC /
CARLICK DAVID
0.2200% (65300)
RLOC /
Kline Michael
0.8500% (246815)
RLOC /
Wergeles Adam F.
0.1000% (27720)
RLOC /
Gordon Zorik
0.2300% (65730)
RLOC /
Hanks Nathan
0.3700% (107158)
RLOC /
% ()