ValueClick Profits Soar for First Quarter

ValueClick Profits Soar for First Quarter ValueClick, Inc. more than doubled its net income compared to a year ago, according to financial statements released Thursday. The online marketing firm based in Westlake Village reported first quarter income at $18.7 million, or $0.18 per diluted share, on revenues of $157 million. That is a 90 percent increase from the same period in 2006 when the company earned and income of $9.8 million, or $0.09 per diluted share, on revenues of $117.3 million. The first quarter was a great start of the year for the company, said Chairman and CEO James Zarley. “We continue to differentiate ourselves through a unique combination of technology, process, relationships, and our constant focus on industry best practices,” Zarley said. “The fundamentals of our business are strong, and I am confident in our ability to deliver strong growth and profitability in 2007.” The company updated its guidance for the full year to a revenue range of $655 million to $665 million.