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ValueClick Up on Strong Guidance

Shares rise 5%.

ValueClick (VCLK) rose 5% early Thursday after the digital marketing outfit beat third-quarter targets and raised guidance.

The Westlake Village, Calif. company made $17 million, or 17 cents a share, for the quarter ended Sept. 30, up from the year-ago $11 million, or 13 cents a share. Revenue rose to $138 million from $81 million a year earlier.

The company boosted its full-year targets to earnings of 57-58 cents a share on revenue of $532 million. It had previously forecast a profit of 48 to 54 cents a share on revenue of around $524 million.

Shares rose 95 cents to $19.81.

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