– ValueClick Announces Third Quarter 2008 Results
Board of Directors Authorizes $100 Million Increase to Stock Repurchase Program
ValueClick, Inc. (Nasdaq: VCLK) today reported financial results for the third quarter ended September 30, 2008. Revenue and adjusted-EBITDA1 were within their respective previously-issued guidance ranges.
“We stated in mid-July that increasing economic uncertainty would impact the second half of the year, and our third quarter results were in-line with this revised outlook,” said Tom Vadnais, chief executive officer of ValueClick. “While the industry’s growth outlook for the rest of the year is more cautious, we have the experience and management team depth to continue to drive strong margins and free cash flow in this challenging market.”
– Internet Brands, Inc. Reports Record Third Quarter 2008 Financial Results
* Record revenues and Adjusted EBITDA of $26.9 million and $9.1 million
* Adjusted EBITDA increases 20% from third quarter of 2007
* Net income of $0.08 per share, excluding non-cash foreign currency loss
* Company re-affirms full year 2008 guidance
– Intuit Honored for Leading Uses of Social Media
Recognizing its innovative efforts to embrace social media, Forrester Research presented Intuit Inc. (Nasdaq: INTU) with the 2008 Forrester Groundswell Award in the Company Transformation category.
The Forrester Groundswell Awards recognize excellence from companies that accomplish business objectives using social applications and technologies. The awards program was developed to support and recognize the principles outlined in the Forrester Research book “Groundswell: Winning In A World Transformed By Social Technologies.”
