ValueClick Q3 Profit Declines; Issues Q4 Outlook - Quick Facts

(RTTNews) - ValueClick Inc. (VCLK) Tuesday reported third-quarter net income of $18.0 million or $0.25 per share, compared to $23.5 million or $0.31 per share last year.

Adjusted net income for the quarter was $28.2 million or $0.38 per share, compared to $24.5 million or $0.32 per share in the comparable quarter last year. On average, 15 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the latest third quarter increased 4 percent to $134.10 million from $130.91 million last year. Analysts estimated revenues of $166.53 million for the quarter.

Looking forward to the fourth quarter, the company expects earnings of $0.48 to $0.49 per share, adjusted net income of $0.57 to $0.58 per share, and revenues of $166 million to $171 million. Analysts currently estimate earnings of $0.59 per share on revenues of $211.40 million for the quarter.