ValueClick’s revenue up 87% to $81.4 million
Q3 revenue at ValueClick Inc., provider of online marketing services, increased 87% over Q3 2004, reaching $81.4 million, the company reported today.
Third quarter 2005 results include a full quarter of operations from PriceRunner, acquired in August 2004, and E-Babylon and Webclients, both acquired in June. The company reports that Fastclick, acquired in late September, was not included in the company`s reported third quarter 2005 operating results.
Net income for the third quarter was $11 million compared to $7.6 million for the third quarter of 2004.
ValueClick says that based on its third quarter results and outlook for 2005, it is raising its fiscal year 2005 guidance, issued on Sept. 30. It had projected full-year revenue of $291-$301 million and now expects $299-$304 million. It’s projecting 2006 revenue at $480-$500 million.
ValueClick Media provides brand advertising and direct marketing services through its ValueClick Brand, ValueClick Direct, Fastclick, ValueClick Search, and Webclients groups, including web-based advertising, co-registration, pay-per-click search, and e-mail marketing. ValueClick Media also includes PriceRunner.com, an online comparison-shopping service. ValueClick also operates affiliate marketing company Commission Junction and Mediaplex, which provides technology and services that help clients manage online advertising and permission-based email campaigns.
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