DoubleClick Posts Q1 Revenue, Net Income Rise

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NEW YORK DoubleClick today reported a first-quarter revenue rise of 13 percent, and adjusted its full-year financial forecast to reflect its SmartPath acquisition.

In Q1, the online ad technology company posted $68 million in revenue, up from $60.1 million in the year-ago period. Its first-quarter net income was $7.7 million, or 5 cents per share, an improvement over $900,000, or 1 cent per share, during the same time last year.

The New York-based company raised its 2004 revenue outlook to $294-314 million to account for the $4 million in revenue that is expected from SmartPath, a marketing management software company purchased by DoubleClick last month.



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