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What got something that's actually moved higher over the past year -- -- ValueClick this is.
This is one of those companies and integrated online marketing company Alec competes with the Google's of the Yahoo!'s of the world even though -- -- -- away a partner a value clicks.
This is a company that is.
Robert -- like this.
Year over year ValueClick CEO his joining me now He is gyms -- -- He just returned to the CEO position recently and and Tim.
On a day like this let's get to the news first of all.
You've been in this business along at a time as a publicly traded company what do you make up moves today in the market -- sort of the sentiment here in America right now.
Well fortunately -- we've been around long enough that we've seen these up and down markets more than once.
And as long as our fundamentals are right in our business and -- growing our company in the way that we should be and we maintain a strong balance sheet.
We view these opportunities.
As being buying opportunities for us.
We're in a of one to four industry that's growing very well.
11% growth in our industry ValueClick has -- just reported a 20% 26%.
Year over year growth in a 40%.
Year over year EPS growth.
So we're extremely excited about the the and I would say that if this market continues where it is -- view it as we have in the past to be in the real.
Buying opportunity for our stock.
-- a new course it's a tough day one a CEO looks at a stock and it's down 5% but perspective of course is certainly important you guys have beat estimates five quarters straight.
What is driving your business right now is it US is it foreign countries would which part of the globe which appointee would say.
Thank goodness for that part of the rocket fuel of this world.
No I it's it's primarily here in the United States right frankly and its the new products that we brought to market.
More more people are are are on the Internet -- using mobile devices we've expanded our products in them.
Into mobile advertising we've recently added video advertising as well -- And the display business which value clicks -- player in for some time.
Is is really the beneficiary of allow the growth that's coming through today.
We've recently just this past week announced also an acquisition of a company called the -- who.
Fits in very very well what's all of our divisions so they're growing that they -- better than 50% year over year growth.
If you -- it -- well we've.
I wanted to I wanted to point something out which I think is important your company's debt free.
Why was it important to get yourself into that position and was that a defense of play for you.
Well well I've been involved in the company for thirteen years and we have always -- the company to be profitable.
And to maintain very strong margins.
And to be -- in a position so that when these kinds of things that happened today happen.
That we can be opportunistic about what we do with the cash that we've got we have never had K I had debt in our company in the thirteen years -- I've been around.
We are gonna take on a little bit with this recent acquisition but frankly -- can be cleared in a matter of of less than a year in very short months frankly.
The goings on -- pushing -- in DCR are a little reminiscent certainly of what the state of California went through about a year ago where.
The budget was just a total disarray and that's state was paying people with IOUs.
Is there anything that you could say as a business leader may be to the president about.
What's the next step what would be the best thing to encourage hiring even though you guys you've increased your headcount by but I believe about 10%.
From the start of the year and are continuing to -- but what would you say is the best way to inspire job creation.
That the best way in my mind is to.
The eliminate this gridlock between these two parties in my opinion.
Both parties have failed its its people.
And that these two parties.
I've said many times that when you sit down with what the average person and you talk about the issues that we have.
As as a country.
80% of the people agree on almost everything.
It's the 10% extreme on both sides that really get in the way as far as I'm concerned and people about a making.
Really critical decisions on them on the political side right right make a decision based on those 210% extreme.
Jim it's good to talk to -- we'd love for you to join us again as as the business continues you've told Howard Schultz and return to CEO position of the company it's obviously doing well for the company thank you so much for joining us.
Great thank you very much -- Richard ValueClick important to point out at 646%.
-- down 5% today but doing very well this.
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