ValueClick(VCLK Quote - Cramer on VCLK - Stock Picks) announced first-quarter results that beat top- and bottom-line expectations, but shares slipped after the company issued soft guidance.
Net income for the online marketing company was $18.6 million, or 18 cents a share, doubling from $9.8 million, or 9 cents a share last year. Revenue for the quarter was $156.9 million, up 34% from $117.3 million year over year. Analysts surveyed by Thomson Financial were expecting earnings of 17 cents a share on revenue of $149.2 million. For the second quarter, the Westlake Village, Calif.-based company expects income of 17 cents to 18 cents a share on revenue of $157 million to $159 million. Analysts are expecting earnings of 19 cents a share on revenue of $158.4 million. For the full year, the company said it expects to earn 79 cents to 81 cents a share on revenue of $655 million to $665 million. Analysts forecast EPS of 81 cents on revenue of $664.5 million. Shares were off 3.3% to $28.35 in after-hours trading Wednesday.


