ValueClick Q2 2006 Earnings Conference Call Transcript (VCLK)

11:30 pm   -   November 4th, 2006

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(Operator Instructions)

At this time, I would like to turn the call over to Mr. Gary Fuges, manager of investor relations for ValueClick Incorporated. Please go ahead, sir.

Gary J. Fuges
Thank you, Deanna, and good afternoon. Welcome to ValueClick’s second quarter 2006 financial results conference call. On the call with me today are James Zarley, ValueClick’s Chairman and Chief Executive Officer, and Sam Paisley, Chief Administrative Officer.

Today’s call contains forward-looking statements that involve risks and uncertainties, including but not limited to ValueClick’s ability to successfully integrate its recently completed fast click and web clients mergers, trends in online advertising spending and estimates of future online performance-based advertising.

Actual results may differ materially from those results predicted and reported results should not be considered an indication of future performance.

Important factors which could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under the risk factors section and elsewhere in the filings with the Securities and Exchange Commission made from time to time by ValueClick.

Other factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements include, but are not limited to, the risk that market demand for online advertising in general and performance-based online advertising in particular will not grow as rapidly as predicted. ValueClick undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events.

With that, I would like to turn the call over to Jim Zarley, Chairman and CEO of ValueClick. Jim.

James R. Zarley
Thank you, Gary. Good afternoon, and thanks for joining us for ValueClick’s second quarter 2006 conference call.
I will review the quarter highlights and then Sam will review some of the financial details. I will return and give you some final thoughts, and then we will take your questions.

ValueClick’s second quarter performance was another strong statement about the company’s scale, diversification and competitive position in the market. Revenue, adjusted EBITDA, and EPS were all above the high-end of their respective guidance ranges, as the breadth and scale of our performance marketing services drove record results for the revenue and adjusted EBITDA.