ValueClick Inc. (VCLK) Tuesday reported a rise in first-quarter net income of $26.28 million or $0.34 per share, from $21.57 million or $0.26 per share in the comparable quarter last year.
On an adjusted basis, profit was $32.71 million or $0.42 per share, up from $29.85 million or $0.36 per share in the year-ago period. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.
Meanwhile, revenues rose to $165.44 million from $146.43 million in the prior year, while thirteen analysts expected to see revenues of $166.73 million.
Looking ahead to the second-quarter, the company expects earnings of $0.29 to $0.30 per share, adjusted earnings of $0.38 to $0.40 per share on revenues of $164 million to $168 million.
Analysts currently estimate earnings of $0.41 per share on revenues of $175.60 million for the second quarter.
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