Online ad services provider ValueClick (VCLK +17.6%) has skyrocketed to multi-year highs after beating Q4 estimates. Management noted on the earnings call its affiliate marketing unit posted 10% Y/Y growth, its highest rate for 2012, and that Europe was "less of a drag" than in recent quarters, thanks in part to a restructuring. Q1 guidance is for revenue of $165M-$168M and EPS of $0.39-$0.41 vs. a consensus of $165.3M and $0.39. Goldman launched coverage with a Buy last week.
Online ad services provider ValueClick (VCLK +17.6%) has skyrocketed to multi-year highs after...
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