ValueClick Exceeds Q3 Outlook

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NEW YORK ValueClick shares rose $1.34 or 14 percent to close on Nasdaq at $10.91 today, following its third-quarter earnings report yesterday that exceeded the company’s previous guidance.

Q3 revenue rose 92 percent to $43.5 million from $22.7 million in the year-earlier period. The company, which provides media, technology and related services that enable advertisers, agencies and publishers to reach consumers on the Internet, had projected revenue of $37-39 million.

Third-quarter net income totaled $7.6 million, or 9 cents per diluted share, compared to the company’s prior forecast of 6 cents per diluted share.



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