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January 9, 2005

DoubleClick raises estimates

Marketing software and services company DoubleClick Inc has increased its fourth-quarter and full-year revenue estimates after higher-than-expected sales at its TechSolutions unit.

By CBR Staff Writer

It now expects fourth-quarter TechSolutions revenue of $54 million to $55 million compared to the previous guidance range of $46 million to $50 million. Data revenue for the quarter will be in the $26 million to $27 million range compared with previous guidance of $25 million to $28 million.

Putting the two together gives total revenue in the $81 million to $82 million range, compared to previous guidance of $72 million to $77 million. Total revenue for the year is now forecast at $298 million to $299 million, compared to the previous estimate of $290 million to $295 million.

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