Thursday, December 6, 2012

ValueClick Falls As Q2 Rev Outlook Falls Short Of Estimates

ValueClick (VLCK) shares are trading lower this afternoon, apparently on Street disappointment with the company ‘s guidance for the second quarter.

For Q1, the online marketing company reported revenue of $95.7 million, a hair below the Street at $96.2 million, and consistent with the company’s recent pre-announcement. Non-GAAP EPS of 19 cents a share was above previous estimates of 15-16 cents.

For Q2, the company sees revenue of $95 million to $98 million, with non-GAAP EPS of 16-17 cents; the Street has been expecting $98.3 million and 13 cents.

VCLK in late trading is off $1.17, or 12.1%, to $8.50.

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