Valueclick Inc

ValueClick Inc., the online advertising company, said first-quarter profit rose 3.2% on a jump in sales. Net income increased to $19.2 million, or 19 cents a share, from $18.6 million, or 18 cents, a year earlier, the Westlake Village-based company said. Sales rose 12% to $176 million, beating the $169.5-million average estimate of analysts surveyed by Bloomberg. Earnings for 2008 will be 81 cents to 83 cents a share, up from an earlier forecast of 78 cents to 81 cents, the company said.

Internet advertising broker ValueClick Inc. agreed Monday to buy comparison-shopping site operator MeziMedia Inc. for at least $100 million in cash. Additional payments based on performance might raise the payment to as much as $352 million, depending on whether closely held MeziMedia meets goals after the completion of the sale through 2009, Westlake Village-based ValueClick said. Monrovia-based MeziMedia will expand ValueClick's comparison-shopping business in the U.S.

Shares of ValueClick Inc., the second-biggest U.S. Internet advertising broker, had their biggest drop in three years after the company lowered its full-year revenue and earnings forecasts. ValueClick, which had forecast per-share profit of as much as 81 cents, said earnings would rise to 74 cents to 76 cents this year from the 63 cents it reported in 2006. Second-quarter net income rose 22% to $17.6 million, or 17 cents a share, the company said, up from $14.

ValueClick Inc., the second-largest U.S. Internet advertising broker, reduced its full-year forecast after third-quarter sales missed the company's highest projection. The shares fell the most in 2 1/2 months. Revenue for the period ended Sept. 30 was about $156 million to $157 million, Westlake Village-based ValueClick said. The company had anticipated sales of $155 million to $165 million.

ValueClick Inc., the Internet's second-largest advertising broker, reported little change in third-quarter profit and said it was in "active negotiations" to settle a federal probe of its marketing practices. Earnings were $16.8 million, or 17 cents a shareunchanged from a year earlier, the Westlake Village company said. Sales increased 14% to $156.9 million.

ValueClick Inc., an online advertising company, said Monday that it had agreed to buy Web Marketing Holdings Inc. for $141 million in cash and stock to expand its e-mail database and help generate more leads for its advertisers. Closely held Web Marketing, founded in 1998 and based in Harrisburg, Pa., provides marketing services to help advertisers generate leads through an affiliate network of more than 1,500 websites and 30 million e-mail addresses, ValueClick said.

ValueClick Inc., an online advertising agency, agreed to buy Fastclick Inc. for $214 million in stock to create the largest online advertising-network company. Fastclick of Santa Barbara would provide Westlake Village-based ValueClick with more than 9,000 websites reaching more than 112 million Internet users, and the combination would provide about $4 million a year in savings, the companies said.

ValueClick Inc., an online advertising company based in Westlake Village, agreed to buy closely held Pricerunner for about $29 million in cash and stock. The shares fell as much as 28% in after-hours trading. Three managing shareholders of Pricerunner will receive about 263,000 shares of ValueClick stock, ValueClick said. Pricerunner operates comparison-shopping websites in Sweden and Britain and plans to expand in France and Germany this year.

ValueClick Inc. in Westlake Village has acquired Z Media of Redwood City. Shareholders of Z Media received about 2.7-million shares of ValueClick common stock. The merger is intended as a pooling of interests, the companies said. Z Media is an Internet direct-marketing company. ValueClick is an Internet advertising company.

ValueClick Inc. of Westlake Village reported a net loss of $57.5 million for the fourth quarter that ended Dec. 31, compared with a net loss of $968,000 for the fourth quarter in 1999. Revenue increased to $15.3 million from $12.3 million. For last year, the company reported a net loss of $55.6 million, compared with a net loss of $1.2 billion on revenue of $24.8 million, down from $27.5 million. ValueClick provides Internet advertising solutions for advertisers, Web publishers and marketers.