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ValueClick's Profit Slumps
SAN FRANCISCO - Online marketing services firm ValueClick(VCLK Quote) matched earnings estimates for second quarter, but the company guided the Street lower for its third-quarter and full-year results.
ValueClick said it earned $16.5 million in the second quarter, or 17 cents a share, a drop from $17.6 million, or 17 cents a share, a year ago. That was in line with analysts' estimates.
Revenue grew to $163.8 million in the second quarter vs. $148.7 million a year ago, falling 1% below the company's low end of guidance. Analysts had anticipated revenue of $165 million. ...
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