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ReachLocal Grows Revenues By 47 Percent

socalTECH

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 in revenues. for the quarter. for the quarter.

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ReachLocal Sees International Growth

socalTECH

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 on revenues of $98.6M. ReachLocal saw its international revenues grow 76%, from $13.4M in Q3 of 2010, to $23.56M in Q3 of this year.