ValueClick Raises '05 Guidance, Stock Jumps

  • September 8, 2004
Online advertising firm ValueClick Inc. on Wednesday said its 2005 revenue will beat Wall Street estimates, rising 36 percent to 40 percent from its current fiscal year. The company's stock surged 13 percent after sharply boosting its 2005 revenue guidance. ValueClick said it expects its 2005 revenue to total $210 million, up from its current 2004 revenue forecast of about $152 million.
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