aQuantive has announced the financial results for the first quarter of 2006. Revenues for the first quarter of 2006 were $92.2 million, a 42% increase compared to the first quarter of 2005.


aQuantive has announced the financial results for the first quarter of 2006. Revenues for the first quarter of 2006 were $92.2 million, a 42% increase compared to the first quarter of 2005.

Net income was $7.6 million, or $0.10 per diluted share. Net income before stock-based compensation was $10.5 million, a 64% increase compared to the first quarter of 2005.

Brian McAndrews, president and CEO of aQuantive, said: “We experienced significant growth across all three of our business segments, attracting new clients and gaining new business with existing clients. Our continued focus on serving our clients and investing in people and infrastructure is improving our ability to grow in the markets we serve.” [Source]

aQuantive has three business segments:

1.Digital Marketing Services
2. Digital Marketing Technologies and
3. Digital Performance Media

aQuantive’s DMS segment is Avenue A | Razorfish. Avenue A | Razorfish’s revenues were $55.2 million, compared to $39.1 million in the first quarter of 2005. Operating income was $7.7 million, compared to $4.5 million in the first quarter of 2005.

aQualtive’s DMT segment is Atlas. Atlas’ revenues were $27.7 million, compared to $20.6 million in the first quarter of 2005. Operating income was $11.6 million, compared to $10.3 million in the first quarter of 2005.

aQuantive’s DPM segment is DRIVEprm and MediaBrokers. Their revenues were $9.3 million, compared to $5.3 million in 2005. Operating income was $1.9 million, compared to $0.9 million in the first quarter of 2005.

aQuantive has also issued financial guidance for the full year and second quarter of 2006.

aQuantive expects full year revenues of $390-$405 million. Expected net income is $0.44 – $0.48 per diluted share. Expected net income before stock-based compensation is $0.61 – $0.65 per diluted share.

The company also expects second quarter revenues of $96 – $100 million. Expected net income is $0.10 – $0.12 per diluted share. Expected net income before stock-based compensation is $0.13 – $0.15 per diluted share.

For more information on aQuantive’s financial results for the first quarter of 2006, click here.

 

 

 

 

Sharing is caring