ValueClick, Inc. Earnings Cheat Sheet: Exceeds Forecasts with Boost of Profit Rise

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ValueClick, Inc. (NASDAQ:VCLK) reported net income above Wall Street’s expectations for the second quarter. ValueClick, Inc. offers a suite of products and services that enable marketers to advertise & sell their products through all online marketing channels- display advertising, lead generation marketing, email marketing, search marketing etc.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock >>

ValueClick Earnings Cheat Sheet for the Second Quarter

Results: Net income for the advertising agency rose to $17 million (21 cents per share) vs. $12 million (15 cents per share) in the same quarter a year earlier. This marks a rise of 41% from the year earlier quarter.

Revenue: Rose 25.6% to $125.1 million from the year earlier quarter.

Actual vs. Wall St. Expectations: VCLK reported adjusted net income of 28 cents per share. By that measure, the company beat the mean estimate of 19 cents per share. It beat the average revenue estimate of $121.3 million.

Quoting Management: “Our momentum continued in the second quarter, as our investments to expand our growth profile and addressable markets continued to pay off,” said Jim Zarley, chief executive officer of ValueClick. “Our unique combination of traffic, data, optimization, and services is resonating in the marketplace, and Dotomi will add direct advertiser relationships and strategic capabilities that will position us further as a powerhouse in both branding and performance-based digital marketing.”

Key Stats:

The company has now topped analyst estimates for the last four quarters. It beat the mark by 3 cents in the first quarter, by 3 cents in the fourth quarter of the last fiscal year, and by 2 cents in the third quarter of the last fiscal year.

Revenue has now gone up for three straight quarters. In the first quarter, revenue rose 21.8% to $116.5 million while the figure rose more than fourfold in the fourth quarter of the last fiscal year from the year earlier.

The company has now been profitable for the last nine quarters, and for the last five, profit has risen year over year by an average of 16.4%. The quarter with the biggest boost was the third quarter of the last fiscal year, which saw a 44.5% surge.

Competitors to Watch: Inuvo, Inc. (AMEX:INUV), Harte-Hanks, Inc. (NYSE:HHS), interCLICK Inc (NASDAQ:ICLK), National CineMedia, Inc. (NASDAQ:NCMI), SuperMedia Inc (NASDAQ:SPMD), Lamar Advertising Company (NASDAQ:LAMR), AOL Inc (NYSE:AOL), Digital River (NASDAQ:DRIV), Google (NASDAQ:GOOG), Yahoo (NASDAQ:YHOO), Microsoft (NASDAQ:MSFT), Interpublic Group of Companies, Inc. (NYSE:IPG), and Omnicom Group Inc. (NYSE:OMC).

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock >>

(Source: Xignite Financials)

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