DoubleClick, Inc. was down 3 1/4 to 56 9/16 in early trading Tuesday after reporting a first-quarter loss before special items and charges of $13.2 million, or 11 cents a share, compared with a loss of $3.1 million, or 3 cents in the fourth quarter. The loss matched analysts’ expectations.
The controversial New York-based Internet advertiser reported a 179 percent year-over-year increase in revenue, which totaled $110.1 million in the quarter. Operating expenses, however, were higher.
DoubleClick shares are down from a 52-week high of 135 1/4, reached in January, but above their 52-week low of 30 1/4, seen last summer.