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Friday, Mar 29, 2024

ValueClick Shows Improvement in Q4

Online marketing service provider ValueClick Inc. fell short of having its revenues meet guidance expectations for the fourth quarter. Still, the Westlake Village-based firm showed marked improvement in the quarter when compared to a year ago with net income of $15.5 million, or $0.18 per diluted share, on revenues of $110.4 million. For the same period in 2008, the company had a net loss of $251.8 million, or $2.90 per diluted share, on revenues of $110 million. For the fiscal year, ValueClick had net income of $68.6 million, or $0.79 per diluted share, on revenues of $422.7 million. In the previous fiscal year, the company had a net loss of $214 million, or $2.32 per diluted share, on revenues of $455.4 million. The company had issued a guidance of revenues for the fourth quarter between $128 million and $138 million. Those guidance figures, however, did not take into account the sale of the Web Clients business for $45 million, which was included as a discontinued operation for 2009. ValueClick acquired Web Clients, a promotional lead generation business, in 2005. Mark R. Madler

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