ValueClick’s Q4 revenues up 114% to $116.6 million

Fourth quarter revenue at ValueClick Inc., provider of online marketing services, rose 114% to $116.6 million from $54.4 million a year earlier, the company reported this week. For the year ended Dec. 31, revenues totaled $304 million, up 80% from $169.2 million at year-end 2004.

Net income totaled $13.6 million for the fourth quarter and $39.7 million for the year.

The results included revenue from E-Babylon and Webclients, both acquired in June and Fastclick, acquired in September, the company said.

“Our strong fourth quarter capped another successful year for ValueClick,” said James Zarley, chairman and CEO. “We generated growth and realized synergies within our media segment, which includes our recently acquired Fastclick and WebClients businesses. Additionally, our affiliate marketing segment continued to benefit from its market-leading position and strength in online commerce.”

ValueClick says based on its fourth quarter and year-end 2005 results, it is raising its fiscal 2006 guidance to $490-$500 million in revenue from $480-to-$500 million.

ValueClick also announced it is restating results for 2004 due to an error it identified related to its 2004 income tax benefit and its deferred income tax assets. It said, however, that the fundamentals of the business remain strong.

ValueClick provides brand advertising and direct marketing services through its ValueClick Brand, ValueClick Direct, Fastclick, ValueClick Search and Webclients groups. ValueClick Media also operates PriceRunner.com, Commission Junction, and MediaPlex.