DoubleClick meets Street amid rising expenses

Summary:DoubleClick Inc. met analysts' estimates for its first quarter on Monday, losing $13.

DoubleClick Inc. met analysts' estimates for its first quarter on Monday, losing $13.2 million, or 11 cents a share, on sales of $110 million. First Call Corp.'s consensus estimate had predicted the Internet advertising firm to lose 11 cents a share in the quarter. Ahead of the earnings report, DoubleClick (dclk) shares trimmed 3/4 to 59 13/16. On the bright side, the company's $110 million in sales was almost triple the amount it recorded in the year-ago quarter, although operating expenses climbed to $89.5 million from $33.1 million. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor

Topics: Tech Industry

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