Revenue for the second quarter of 2006 at ValueClick Inc., which owns online marketing companies Commission Junction, ValueClick Media, Mediaplex and PriceRunner, reached $130 million, $10 million above the company`s previously issued guidance range of $118-$120 million and an increase of $75.4 million, or 138%, from $54.6 million for the second quarter of 2005, the company reports.
Net income for the second quarter of 2006 was $14.4 million, more than double the $6.8 million for the second quarter of 2005.
“ValueClick`s scale and leadership in key performance-based online marketing services generated another successful quarter of growth and profitability, including 35% year-over-year organic revenue growth," says James Zarley, chairman and CEO.
Second quarter 2006 results include a full quarter of operations from E-Babylon and Webclients, both acquired in June 2005, and Fastclick, acquired in September 2005. Second quarter 2005 results include one month of operations from E-Babylon.
The company says it now expects full year revenue of $519-$529 million vs. the previously expected $495-$505 million.