DoubleClick Achieves Pro Forma Break-Even Despite Tough Advertising Environment; Q4 Revenues Up 41% Year on Year; Full Year 2000 Revenues Up 96%.

Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--Jan. 11, 2001

DoubleClick Inc. (Nasdaq:DCLK), the leading global Internet advertising solutions company, today announced financial results for the fourth quarter and full year ended December 31, 2000, and provided a business outlook for 2001. Despite a challenging environment the company reported a strong quarter, with significant growth in the TechSolutions division.

DoubleClick reported revenue of $132.3 million for the fourth quarter of 2000, an increase of 41% over the same period last year. Full year revenues were $506 million, an increase of 96% over 1999.

Proforma Gross profit for the fourth quarter of 2000 was $73.4 million, a 41% increase over gross profit of $52.1 million in the fourth quarter of 1999. Exclusive of certain non-cash and non-recurring items, net income was $216,000 for the fourth quarter, with pro forma EPS of $0.00, bringing full year pro forma loss per share to $0.11, versus $0.10 in 1999.

The Company ended the fourth quarter with $87...

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