ReachLocal Reports 27% Growth in Advertisers

ReachLocal delivered its first quarterly report as a public company today, noting that its active advertiser count has climbed 27 percent from 13,200 to 16,700, and that its consolidated revenues grew 47 percent from $47.97 million to $70.362 million. It also reported adding 72 percent more senior salespeople, going from 143 to 246; and 54 percent more junior salespeople, going from 256 to 395.

“During the quarter, we added to our local Internet Marketing Consultant (IMC) sales force, expanded our geographic footprint into five additional markets, executed the beta launch of Bizzy, our new SMB retention and acquisition platform, and added to our product portfolio with the release of our new TotalLiveChat product,” noted CEO Zorik Gordon, in a press release.