Local Corporation reiterated earnings guidance for the third quarter 2012 ending September 30, 2012. In line with the previous guidance, the company expects third quarter 2012 revenue to be approximately $24.5 million, an increase of over 18% compared to the year ago period. Adjusted net income for the third quarter 2012 is expected to be approximately breakeven, or $0.00 per diluted share, assuming diluted weighted average shares of 22.5 million.
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- Local Corporation Reiterates Earnings Guidance for the Third Quarter 2012 Ending September 30, 2012