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ReachLocal Grows Revenues By 47 Percent

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Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm reported a net loss of $2.8M, compared with net income of $14.9M The firm reported a net loss of $2.8M, compared with net income of $14.9M

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ReachLocal Files For IPO

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Woodland Hills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Accoriding to ReachLocal, it had net income of $11.6M Accoriding to ReachLocal, it had net income of $11.6M For 2008, the firm had a net loss of almost $7M on revenues of $146.68M. READ MORE>>.

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ReachLocal Sees International Growth

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Woodland Hills-based ReachLocal , which helps small and medium sized businesses place online advertising, released its results Tuesday afternoon, reporting a net loss of $4.6M ReachLocal saw its international revenues grow 76%, from $13.4M ReachLocal saw its international revenues grow 76%, from $13.4M

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

If this figure is accurate – it’s certainly a very large business even when you look at net revenues. ReachLocal – we discussed this deal at length including what amount of revenue does it take to get to an IPO (Jim’s view, sub $100 million in fine as long as you have good margins and a strong growth rate).