aQuantive Guidance Disappoints

The digital marketing company sees its shares decline.
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Digital marketing company

aQuantive

(AQNT)

fell 4% late Wednesday after offering up a soft first-quarter outlook.

The Seattle company made $11.6 million, or 15 cents per share, compared to $7 million, or 10 cents per share, a year ago. Revenue rose 44% to $87.5 million. Analysts polled by Thomson First Call were expecting the company to earn 14 cents a share on revenue of $83.25 million.

"We experienced rapid growth and excellent financial results across all of our operating units," said CEO Brian McAndrews. "As we enter 2006, I believe that we are in the early stages of a major shift from analog to digital in the media and advertising worlds. And aQuantive is in a great position to play a key role in that transformation. We intend to make appropriate investments in people and technology in order to capitalize on this great opportunity."

For the first quarter, aQuantive expects to make 8 to 10 cents a share before stock-based compensation costs, on revenue of $82 million to $85 million. Analysts were looking for a 13-cent profit on revenue of $85 million.

For 2006 the company expects to make 57 to 61 cents a share before stock-based compensation, on revenue of between $375 and $395 million. Analysts were looking for 60 cents on $375 million in revenue.

Late Wednesday, aQuantive fell $1.06 to $25.03.