Local Corporation (NASDAQ:LOCM)

1.19
Data as of 3:59pm ET
 -0.01 / -0.83%
Today’s Change
0.95
Today|||52-Week Range
2.23
-24.68%
Year-to-Date
SECTOR
Commercial Services
INDUSTRY
Advertising/Marketing Services
MARKET CAP
$27.9M

Company Description

Local Corp. operates as a local media advertising company that connects brick-and-mortar businesses with online and mobile consumers each day using various digital marketing products. It provides a host of innovative business solutions including digital marketing products and tools such as local business and product search, mobile, SEO, web hosting, social media and daily deals-all to help merchants grow their business. The company operates through three business units: Owned & Operated, Network and Sales & Advertiser Services. The Owned & Operated business unit represents its proprietary local search traffic. It serves consumers via its flagship web property, Local.com, and via proprietary network of over various local websites. Traffic reaches Local.com organically, which includes both direct-to-site and Search Engine Optimized search traffic, as well as through its Search Engine Marketing campaigns. The Network business unit represents third-party local search traffic. It serves over various partner websites, such as local newspaper, TV and radio station websites with a hosted geo-targeted small business directory product. It also serves hundreds of other search engines with its organic and third-party ad feeds. The Sales and Advertiser Services business unit serves direct small business customers with subscription advertising and web hosting products, as well as partners who supply the company with additional advertiser listings. It also operates through two reportable segments: Paid Search and Daily Deals. The Paid Search consists of the company's online businesses that collectively reach customers with a variety of local online advertising products and web hosting. The Daily Deals segment consists of the company's business that reaches its customers with discounted offers for goods and services provided by merchants. The company was founded in March 1999 and is headquartered in Irvine, CA.

Contact Information

Local Corp.
7555 Irvine Center Drive
Irvine California 92618
P:(949) 784-0800
Investor Relations:
(949) 789-5223

Employees

Shareholders

Mutual fund holders9.76%
Other institutional22.59%
Individual stakeholders2.01%

Top Executives

Fred G. ThielChairman & Chief Executive Officer
Ken S. CragunChief Financial Officer & Secretary
Joe LindsayVice President-Technology
Catherine E. KozikChief Information Officer
Rob LuskeyVice President-Business Development

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.