Online marketer

Engage

(ENGA)

was up 7.1% in preopen

Island

trading, a day after it said it would post a second-quarter loss of no more than 28 cents a share.

Analysts had been expecting a loss of 18 cents to 28 cents, with the

First Call/Thomson Financial

mean at 26 cents. The company said its restructuring efforts are starting to pay off.

Engage is majority owned by Internet holding company

CMGI

(CMGI)

. CMGI was up 1.9% preopen.