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DoubleClick beats Q2 estimates

DoubleClick Inc. lost less than analystsexpected in the second quarter, but sounded a note ofcaution about the current period.
Written by ZDNET Editors, Contributor

DoubleClick Inc. lost less than analysts expected in the second quarter, but sounded a note of caution about the current period. After market close Tuesday, the online advertising network reported a second quarter net loss of $3.8 million, or 3 cents per share, not counting special charges. First Call's survey of 21 analysts predicted a loss of 5 cents per share. Second quarter revenue increased to $128.1 million, up 157 percent year-over-year. "Short-term adjustments to online ad spending" could have an impact on third quarter sales, DoubleClick CFO Stephen Collins said in a conference call. Full story. -- Sergio G. Non and Larry Dignan, ZDNet Inter@ctive Investor

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