The 10-second takeaway
For the quarter ended Dec. 31 (Q4), ValueClick met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share expanded significantly. GAAP earnings per share increased significantly.
Margins expanded across the board.
ValueClick reported revenue of $199.6 million. The 15 analysts polled by S&P Capital IQ looked for revenue of $198.1 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $175.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.56. The 14 earnings estimates compiled by S&P Capital IQ predicted $0.52 per share. Non-GAAP EPS of $0.56 for Q4 were 60% higher than the prior-year quarter's $0.35 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.) GAAP EPS of $0.48 for Q4 were 33% higher than the prior-year quarter's $0.36 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.)
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 64.4%, 390 basis points better than the prior-year quarter. Operating margin was 31.6%, 650 basis points better than the prior-year quarter. Net margin was 18.2%, 150 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $166.8 million. On the bottom line, the average EPS estimate is $0.39.
Next year's average estimate for revenue is $752.7 million. The average EPS estimate is $1.85.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 560 members out of 595 rating the stock outperform, and 35 members rating it underperform. Among 152 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 138 give ValueClick a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ValueClick is outperform, with an average price target of $20.27.
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