More NewsValueClick Says Revenues Up 143%

ValueClick Says Revenues Up 143%

Privately held cost-per-click ad network ValueClick said itposted an increase in net revenues for the third quarter of 143.6% over netrevenues inthe second quarter of 1998.

Privately held cost-per-click ad network ValueClick said it posted an increase in net revenues for the third quarter of 143.6% over net revenues in the second quarter of 1998.

Specifics were not disclosed, but the company said revenue growth has averaged 85 % percent per quarter since its launch in July 1997. No word on profitability.

“We believe the results this quarter demonstrate continued demand for performance-based solutions among Internet advertisers and Web publishers,” said Brian Coryat, founder and CEO of ValueClick. “With consecutive quarters of steady growth behind us, our cost-per-click model cannot be considered an experiment – this is a clear signal from the industry that CPC and ValueClick are here to stay.”

The company said network members grew in the third quarter from 6,000 to 8,000 and that clickthroughs grew from 138,431,641 to 278,437,838.

Related Articles

GDPR: The role of technology in data compliance

Data & Analytics GDPR: The role of technology in data compliance

3w Clark Boyd
What companies can learn from the We-Vibe lawsuit about the Internet of Things

Legal & Regulatory What companies can learn from the We-Vibe lawsuit about the Internet of Things

8m Al Roberts
Has advertising arrived on Google Home?

Media Has advertising arrived on Google Home?

8m Al Roberts
Is Twitter slowly dying?

More News Is Twitter slowly dying?

9m Al Roberts
FedEx launches fulfillment service to take on Amazon

Ecommerce FedEx launches fulfillment service to take on Amazon

9m Al Roberts
Target is the top retail digital marketer, so why is it struggling?

Ecommerce Target is the top retail digital marketer, so why is it struggling?

8m Al Roberts
YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

More News YouTube is "on pace to eclipse TV" thanks to savvy algorithm use

9m Al Roberts
YouTube is getting rid of 30-second unskippable pre-roll ads

Ad Industry Metrics YouTube is getting rid of 30-second unskippable pre-roll ads

9m Al Roberts