Local search site Local.com reported their Q4 2009 earnings today. Revenues of $16.4 million an increase of 8% over the Q3 2009 revenue of $15.1 million. Adjusted Net Income was $2.0 million, an increase of 49% over Q3 which came in at $1.3 million.
Traffic for owned and operated sites in Q4 was 45 million uniques per month, up 4% from Q3 2009 and up 59% year-over-year. But revenue per thousand visitors was $257, down 5% from Q3 2009's $270, and down 7% from Q4 2008's $275.
Local.com's stock was down 1.96% at the time of this post.
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!