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NEW YORK DoubleClick’s stock dropped nearly 28 percent or $1.92 to close on the Nasdaq at $5.06 today, following yesterday’s news that the company failed to meet its second-quarter financial projections, due to weaknesses in its ad-management and Abacus divisions.
The online ad technology concern reported yesterday that its Q2 revenue was $69.2 million, up 9 percent over the $63.6 million in the year-earlier quarter, but below its April guidance of $70-74 million.
Second-quarter net income totaled $3.9
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