Tuesday, June 21, 2005
ValueClick Raises Guidance
Westlake Village-based ValueClick said this morning that it has reaffirmed its second quarter guidance, and raised its guidance for the year. ValueClick said that it now expects 2Q results of $52 to $53M in revenue and EBITDA of $12 to $13M. For the fiscal 2005 year, the company is now saying that it believes it will have $222 to $226M in revenue and EBITDA of $58-61M, not including contributions from its recent Web Marketing Holdings and E-Babylon acquisitions. The company is benefiting from a robust web-based advertising market.