News Brief
DoubleClick Revises Earnings Outlook For Q3
Sep 21, 2001, 12:00 AM
DoubleClick Inc. today revised earnings guidance for the third quarter ending September 30, 2001. The company now expects Q3 pro forma earnings per share to be in the range of ($ 0.09)- ($ 0.11), versus previous guidance of ($ 0.05) - ($ 0.07). Overall revenues are now expected to be between $87-$90M, versus previous guidance of $96 - $102M.
CFO Bruce Dalziel explained, "The tragic events of September 11 have led to softness in both online advertising and software sales. This has diminished the outlook for revenues in our Media business, and to some extent in our Technology business as well."
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