Email Traffic
WESTLAKE VILLAGE, Calif., Aug 05, 2010 (BUSINESS WIRE) — ValueClick, Inc. /quotes/comstock/15*!vclk/quotes/nls/vclk (VCLK 11.10, -0.11, -0.98%) today reported financial results for the second quarter ended June 30, 2010. Revenue, adjusted-EBITDA(1), and earnings per share metrics all exceeded the high-end of the guidance ranges management provided on April 29.
Yesterday, the Company also announced the acquisition of Investopedia.com, a leading financial and investing information website. Founded in 1999, Investopedia provides ValueClick with valuable organic display and email traffic in the financial services vertical. The site attracts an average monthly audience of 2.2 million unique U.S. visitors (comScore, June 2010) and has a highly-engaged audience that includes 3.1 million newsletter subscribers, 1.7 million email subscribers and 1.3 million stock simulator users.
The Company generated approximately $41 million in free cash flow in the first half of 2010. The consolidated balance sheet as of June 30, 2010 includes approximately $194 million in cash, […]
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