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Delaware
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0-30428
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88-0348835
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(State
or other Jurisdiction of
Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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5220
Summerlin Commons Boulevard
Fort
Myers, Florida
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33907
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(Address
of Principal Executive Offices)
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(Zip
Code)
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o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
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|
o
Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR
240.14d-2(b))
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o
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR
240.13e-4(c))
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Item 9.01.
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Financial
Statements and Exhibits.
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(d)
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Exhibits.
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Exhibit No.
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Description
|
|
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99.1
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Press
release dated November 3, 2009, entitled “Vertro, Inc. Announces
Preliminary Results for Third Quarter 2009; Company to Report Full Third
Quarter Results on November 11 2009”
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Date:
November 4, 2009
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Vertro, Inc.
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By:
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/s/
John B. Pisaris
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John
B. Pisaris
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General
Counsel & Secretary
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Exhibit No.
|
Description
|
|
|
99.1
|
Press
release dated November 3, 2009, entitled “Vertro, Inc. Announces
Preliminary Results for Third Quarter 2009; Company to Report Full Third
Quarter Results on November 11 2009”
|
|
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Vertro, Inc.
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Press
Release
|
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-
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Expected
revenue of $7.4 million in Q3 2009, an increase of approximately 23%
compared to revenue of $6.0 million reported for Q2
2009;
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-
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Expected
GAAP net loss from continuing operations of $2.3 million or $(0.06) per
basic share in Q3 2009, compared to GAAP net loss from continuing
operations of $3.9 million or $(0.11) per basic share in Q2
2009;
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-
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Total
expected operating expenses of $8.6 million in Q3 2009 compared to $9.0
million in Q2 2009. The expected operating expenses in Q3 2009 include an
estimated $6.0 million in advertising spend and $0.2 million of non-cash
compensation expense. The operating expenses in Q2 2009 included $5.8
million in advertising spend, $0.2 million of non-cash compensation
expense and accelerated recognition of $0.6 million of unamortized loan
expense relating to our line of credit with Bridge Bank,
N.A.;
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-
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Expected
cash and cash equivalents of $6.3 million at September 30, 2009, a
decrease of approximately $2.0 million from June 30, 2009 cash of $8.3
million. The decrease was primarily a result of the net loss in the
quarter.
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