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LOCM — Local News Story

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Brief: Local qtrly loss per share $0.20

May 15 (Reuters) - Local Corporation  LOCM.O : 
 * Reports first quarter 2015 financial results 
 * Q1 revenue $13.1 million 
 * Q1 revenue view $18.1 million -- Thomson Reuters I/B/E/S 
 * Says the company has withdrawn its guidance provided on February 27, 2015 
 * Qtrly loss per share $0.20 
 * Q1 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S 
 * Withdrawing guidance due to no of factors,including exploration of strategic 
   alternatives,revenue growth taking longer than expected 
 * Says engaged an investment banking advisor to explore strategic alternatives 
 
* Source text for Eikon  ID:nBw5f34NKa  
 
* Further company coverage  LOCM.O  ((Bengaluru Newsroom; +1 646 223 8780))

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