DoubleClick downgrades Q3 profit forecast to US$96 mln

Global biggest online advertisement company DubleClick released Q2 earnings report yesterday and announced to record a loss of US$9.5 mln and a per share loss of 7 US cents, which still met the market expectation of 6-9 US cents. However, the company reduced the Q3 earnings forecast to US$96-102 mln, far below the market expectation of US$180 mln. The stock closed at US$12.02 yesterday, down US$0.74, or 5.8%.

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