ValueClick Inc. (VCLK) reported first quarter non-GAAP EPS of $0.42 after the bell Tuesday, compared to $0.36 last year. The consensus estimate was for EPS of $0.40. Second quarter non-GAAP EPS is expected to be between $0.38 and $0.40. The consensus estimate is for EPS of $0.41.
ValueClick gapped open sharply lower Wednesday, but was range-bound throughout the session. The stock closed down by 5.03 at $26.71 on the highest volume of the year. ValueClick dropped to a 2-month low and fell below its 50-day moving average.
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