Online ad firm ValueClick said revenues and profits in third-quarter 2005 were up over the same period in 2004, thanks in large part to acquisitions made earlier in the year.
Q3 revenue was $81.4 million, up 87% from $43.5 million in the same quarter last year. Net profit for the quarter was $11 million, almost a 45% year-over-year increase from $7.6 million in Q3 2004.
Third-quarter 2005 results take in a full quarter of operations at PriceRunner, the acomparison shopping engine that ValueClick acquired in August 2004, and E-Babylon, an online retailer of ink and toner products, and Web Clients, an online lead generation network. Both E-Babylon and Web Clients were purchased in June 2005. Advertising network FastClick, the small-to-medium-publisher ad network acquired in September, was not included in the Q3 operating results.
The company announced that the quarterly results have led it to raise the fiscal 2005 guidance issued on Sept. 30. ValueClick now projects annual 2005 revenue of $291 million to $304 million, and 2006 revenue of $480 million to $500 million.
