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NEW YORK ValueClick said its fourth-quarter revenue and income grew sharply from a year earlier, thanks to strong demand for performance-based Internet advertising.
The Westlake Village, Calif., company, which provides Internet media and technology services, said its fourth-quarter revenue was $54.4 million, an 80 percent improvement from a year earlier. Net income was $13.5 million, or 17 cents a share, more than double the year-ago period. Excluding revenue from acquired companies, ValueClick’s business grew 49 percent.
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