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DoubleClick Sinks on Loss, Warning

 

DoubleClick (DCLK Quote) was down 11.2% in preopen Island trading. After the close Thursday the Internet ad agency posted a first-quarter loss of 8 cents per share excluding items, ahead of the Thomson Financial/First Call consensus of a 9-cent loss and the year-earlier 11-cent loss.

But the company warned that it will lose more money than expected in the second quarter as the slump in online advertising continues.

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