DoubleClick reported revenue of $83.7 million for 1Q02. Gross margins improved over 500 basis points versus first quarter 2001 to 61.7%. GAAP net loss was ($6.0) million and GAAP EPS was ($0.04) within the range of pro forma EPS guidance provided by the company. Exclusive of certain non-cash and non-recurring items, pro forma net income was $1.4 million for the first quarter with pro forma EPS of $0.01. This is the first time in the company’s history that it has reported pro forma profitability in its first quarter.
DISCLAIMER:
Avasant's research and other publications are based on information from the best available sources and Avasant's independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.