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01.08.2013 22:17:32

ValueClick Q2 Profit Down - Quick Facts

(RTTNews) - ValueClick Inc. (VCLK) Thursday reported second-quarter net income of $11.9 million or $0.15 per share, down from $20.3 million or $0.25 per share last year.

Adjusted net income for the quarter was $16.3 million or $0.21 per share, compared to $28.2 million or $0.35 per share last year. On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.39 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the second quarter increased 4 percent to $159.8 million from $154.0 million last year. Analysts estimated revenues of $166.17 million for the quarter.

Looking forward to the third quarter, the company expects earnings of $0.30 to $0.31 per share, adjusted net income of $0.39 to $0.40 per share, and revenues of $164 million to $168 million. Analysts currently estimate earnings of $0.43 per share on revenues of $179.95 million for the quarter.

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