ValueClick, an online media and advertising firm based on Westlake Village, CA, reported first quarter net income of $8.7 million and revenue of $51.4 million, compared with net income of $13.4 million and revenue of $36.7 million during first quarter 2004. The quarter ended March 31.
First quarter 2004’s results, however, included the company’s sale of its stake in ValueClick Japan for $8 million. Its net income during first quarter 2004 would have been $5.4 million had it not been for the sale.
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