NEW YORK, Jan. 14, 2010 (GLOBE NEWSWIRE) -- interCLICK, Inc. (Nasdaq:ICLK), the leading ad network in data and inventory transparency, yesterday provided a business update at the 12th Annual ICR XChange Conference, held at the St. Regis Monarch Beach in Dana Point, California.
interCLICK discussed market and seasonal trends, expressing confidence that its fourth quarter 2009 revenue exceeded its previous $18 million revenue guidance by at least $3 million, to over $21 million, representing at least 45% sequential growth from the previous quarter. The company will announce its fourth quarter and 2009 financial results, as well as updated 2010 guidance, in late February 2010.
To hear a replay of interCLICK's presentation, or to access the slide show and prepared remarks, please visit interCLICK's website at http://ir.interclick.com/index.cfm.
About interCLICK
interCLICK, Inc. (Nasdaq:ICLK) provides a transparent platform enabling digital advertisers and agencies to maximize return on investment at unprecedented scale. interCLICK's platform applies traditional supply chain methodologies leveraging premium publisher inventory and third party data sources to maximize the effectiveness along the online advertising value chain.
Cautionary Note Regarding Forward-looking Statements
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including 2009 revenue guidance. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods.
Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the impact of intense competition, the continuation or worsening of current economic conditions, a potential decrease in corporate advertising spending, a potential decrease in consumer spending and the condition of the domestic and global credit and capital markets.
Further information on interCLICK's risk factors is contained in its filings with the Securities and Exchange Commission, including the Prospectus Supplement dated December 15, 2009. Any forward-looking statement made by interCLICK in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.