Record Revenues For interCLICK, Inc. (OTCBB: ICLK) : Next Breakout Stock

Wall Street Grand LLC (www.WallStreetGrand.com), a leader in Investor Relations in the small-cap arena, is pleased to announce to the investment community and Wall Street Grand club members that it has initiated coverage on interCLICK, Inc. (OTCBB: ICLK).

Gerard Adams, President of Wall Street Grand LLC, stated "I have been following ICLK for 3 years and waited for the perfect time to initiate coverage on this unique company. In my opinion, ICLK has the credibility, fundamentals, and all characteristics to become a huge winner. If you haven’t seen their recent PR make sure to check it out below. ICLK just reported unbelievable revenue growth. ICLK is one undervalued stock to watch!”

interCLICK, Inc. operates the interCLICK Network, an online advertising platform that combines advanced behavioral targeting with complete data and inventory transparency, allowing advertisers to identify and track their desired audience on an unprecedented level. interCLICK offers advanced proprietary demographic, behavioral, contextual, geographic and retargeting technologies across a network of name brand publishers to ensure the right message is delivered to a precise audience in a brand friendly environment. For more information about the interCLICK Network, visit http://www.interclick.com/.

ComScore, the leading internet audience tracker, has rated ICLK as the #1 fastest growing Internet ad network and as the 15^th largest internet ad network in the country ahead of websites like youTUBE, MySpace, FaceBook, Ebay, Amazon and many more! To see for yourself please go to ComScore’s Press Release and click to download the comScore Inside the Ratings April 2009 PDF.

ICLK closed yesterday at $0.85. 

Here’s a link to the recent breaking news- http://finance.yahoo.com/news/interCLICK-Inc-Reports-Record-bw-15248811.html?.v=1

ICLK announced after the close yesterday record first quarter results for the period ended March 31, 2009. First quarter 2009 revenues of $8.4 million rose 136% from pro forma 2008 first quarter revenues of $3.6 million. Revenues exceeded the Company's previously announced guidance of at least $7.0 million. Net income of $0.03 million in the 2009 first quarter marks the first profitable quarter for the Company. This compares to a pro forma loss from continuing operations of ($3.0) million in the 2008 first quarter and a loss of ($0.7) million in the 2008 fourth quarter.

Do you think this type of revenue growth will go unnoticed?

Gross profit of $4.0 million grew 366% from pro forma 2008 first quarter gross profit of $0.9 million while expanding 24% from 2008 fourth quarter gross profit of $3.2 million. Gross margin of 47.3% was the highest in the Company's history. This compared with pro forma gross margin of 24% in the year-earlier period and 37.8% in the prior quarter, a sequential increase of 950 basis points. Gross margin gains were attributable to supply chain management improvements and efficiencies generated through the Company's advanced proprietary technology platform.

ICLK reported its second consecutive quarter of positive EBITDA and free cash flow due to operating leverage as revenue gains surpassed expense growth. EBITDA for the 2009 first quarter was $0.9 million, or 10.9% of revenues, versus 2008 fourth quarter EBITDA of $0.2 million, or 1.9% of revenues, and pro forma 2008 first quarter EBITDA loss of ($1.7) million, or -47.4% of revenues. Free cash flow for the 2009 first quarter was $0.9 million, or 10.7% of revenues, versus 2008 fourth quarter free cash flow of $0.1 million, or 1.5% of revenues, and pro forma 2008 first quarter free cash outflow of ($1.8) million, or -51.0% of revenues.

The Company's 2009 first quarter operating income was $0.2 million, or 2.6% of revenues, including $0.7 million, or 8.3% of revenues, in non-cash items such as stock-based compensation, intangible amortization and depreciation. This compares with a 2008 fourth quarter operating loss of ($0.5) million, or -6.4% of revenues, including $0.7 million, or 8.3% of revenues in non-cash items. In the 2008 first quarter, the pro forma operating loss was ($2.3) million, or -65.2% of revenues, including $0.6 million, or 17.9% of revenues in non-cash items.

Subsequent to the end of the 2009 first quarter, the Company increased its revolving credit facility from $4.5 million to $5.5 million, an important development supporting future growth.

This is unbelievable! Keep ICLK on your radar!

Business Outlook:

interCLICK expects 2009 second quarter revenues to exceed $9.5 million and gross margin to be at least 47%. For 2009, the Company is affirming its expectation of 60% year-over-year revenue growth, resulting in full-year revenues forecast to exceed $36 million. interCLICK is currently growing at a rate that would exceed that level. Gross margin is expected to be comparable to or exceed the level of the second quarter.

You can view our short profile which we will be updating soon on ICLK here - http://wallstreetgrand.com/profiles49.html

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Forward-Looking Statement:

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.

Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions 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 Form 10-K filed on March 31, 2009. interCLICK does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Disclaimer:

Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company.  Wall Street Grand has not been compensated. Wall Street Grand has done investor relations business with a large shareholder in ICLK in the past and may continue to do investor relations business in the future for other companies. You should consider our opinion on ICLK to be biased. Never invest into a stock we discuss unless you are prepared to lose your entire investment. WSG may or may not trade the stocks mentioned in this alert which can affect the price of the stock. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. For our full disclosure please visit- http://www.wallstreetgrand.com/disclosure.html

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