ValueClick Inc. (VCLK) reported fourth quarter adjusted net income of $0.47 per share after the close Tuesday, compared to $0.31 per share last year. The consensus estimate was for EPS of $0.29. First quarter adjusted net income is expected to be between $0.34 and $0.35.
ValueClick gapped open higher Wednesday and rose above the session's range in the final 2 hours of trade. The stock closed up by 1.26 at $19.85 on above average volume. ValueClick has been climbing for the past 2 weeks and broke out to a new high for the year.
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