aQuantive Inc. (NASDAQ:AQNT) reported its December 31, 2006 fourth quarter results and they were terrific. Wall Street consensus was for $0.17 earnings per share and it reported $0.23. Revenues were expected at the $119 million range, and it reported revenues of $133 million.
I wrote earlier this week that as Google Inc. (NASDAQ:GOOG) goes, so does aQuantive. All business sectors within AQNT were up huge year over the year, and sequentially from the 3rd quarter 2006. Stock is up 6% on over 3 million shares traded.
The paradigm shift is in place. As traditional Global 1000 companies continue to migrate to the internet for advertising and marketing campaigns, they are avoiding their old stand-by advertising companies. aQuantive is emerging as the go-to company in the space. Unique, proprietary technology and no legacy of traditional advertising campaigns allows AQNT the nimbleness to be creative and effective. Stock to own for the long term as we are only in the 2nd or 3rd inning of this ballgame.
Georges Yared is the author of "Baby Boomer Investing...Where do we go from here?" and "Stop Losing Money Today". For more info go to http://www.georgesyared.com.
Also check out some other earnings reports that we're following, and let us know what you're expecting.
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