The company reported revenue of $92.7 million and posted a net loss of $103.5 million, compared with a net loss of $10.7 million for the same period last year.
Hardest hit was
Despite its declining fortunes, DoubleClick is continuing to use the current economic downturn to negotiate inexpensive acquisitions.
Last week, DoubleClick said it had revised its merger agreement with e-mail company MessageMedia so it would be paying approximately 20% of the original price of $41 million it had agreed to pay in Jun.
The new deal is expected to close in the fourth quarter.