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Friday, Mar 29, 2024

ValueClick Q2 Revenues Soar

Online marketing company ValueClick, Inc. beat expectations for its second quarter with revenues of $130 million, the company announced Tuesday. The Westlake Village company had a net income of $14.4 million, or $0.14 per diluted share for the quarter that ended June 30. That is an increase over the net income of $6.8 million, or $0.08 per diluted share, for the second quarter in 2005. The revenues were a substantial increase over the $54.4 million reported for the same quarter in 2005. The revenue figure was $10 million above the company’s guidance range of $118 to $120 million for the second quarter. “ValueClick’s scale and leadership in key performance-based online marketing services generated another successful quarter of growth and profitability,” Chairman and Chief Executive Officer James Zarley said. Second quarter results include a full quarter of operation from E-Babylon and Webclients, both acquired in June 2005; and Fastclick, acquired in September 2005. For the third quarter ending September 30, the company forecasts revenues of $133 to $135 million.

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