Thursday, December 23, 2004

FastClick IPO Commentary - from Fool.com




Fool.com: The Next Dot-Com IPO [Motley Fool Take] December 23, 2004

Though the wildly successful stock market debut of Google (Nasdaq: GOOG) earlier this year got investors excited about the promise of the online advertising sector, don't expect to be similarly blown away by Wall Street's reaction to Fastclick.

Fastclick is also growing nicely. Revenues through the first nine months of the year have more than doubled to $39 million from $18 million a year earlier. The bottom line hasn't followed suit, with year-to-date earnings dipping from $3.9 million to $3.3 million yet the reason for the dip in profitability is that Fastclick's income is fully taxed now. Pretax profits paint a more accurate picture, climbing 27% higher so far this year."

1 comment:

Anonymous said...

bow wow fastclick ipo all tw ya