Thursday, February 14, 2008

ValueClick Revenues Ahead of Estimates...

Internet ad firm ValueClick (VCLK) reported late Wed. Q4 EPS of $0.18, in line with estimates. Revenue of $183.1M was stronger than the $175.77M analysts expected. ValueClick predicted Q1 EPS of $0.15-0.16, lower than consensus of $0.18, and Q1 revenue of $166M-$170M vs. consensus estimates of $175.45M.

Shares were up strongly after the company announced it settled an FTC probe with a $2.9M payment, without conceding that it violated any law.

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