DoubleClick Records Higher Profit, Revenue in Q2

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NEW YORK DoubleClick raised its full-year earnings guidance yesterday after achieving its second consecutive quarter of net profit in Q2.

The online ad technology company reported on Tuesday a second-quarter net income of $5.8 million, or 4 cents a share, compared to a $4.1 million, or 3 cents a share, in the year-earlier period. In the first quarter, DoubleClick swung to a net profit of $906,000, or 1 cent per share, after recording two quarters of net losses.

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