Online marketing firm ValueClick beat by more than $5 million its guidance for fourth quarter revenues due to its comparison shopping, affiliate marketing and display advertising businesses. The Westlake Village-based company reported a net income of $256.3 million, or $2.95 per diluted share, on revenues of $150 million for the quarter ending Dec. 31. For the same period in 2007, ValueClick reported a $17.5 million, or $0.18 per diluted share, on revenues of $175.7 million. The company had issued a fourth quarter guidance in the range of $140 million to $145 million. The fourth quarter net loss included a goodwill impairment charge of $261 million. Without that charge the company would have net income of $14 million for the quarter. ValueClick fell short by about 1 percent of the revenue guidance for its 2008 fiscal year. The company reported a net loss of $218.6 million, or $2.37 per diluted share, on revenues of $625.8 million. For the 2007 fiscal year, the company had net income of $70.6 million, or $0.70 per diluted share, on revenues of $616.5 million. The guidance for the full year was in the range of $633 million to $638 million. Shares in ValueClick closed up at $6.72. Mark R. Madler
