IBM Computer, Laptops and Servers

Back Homepage Content Directory Resource Guide Blog

DoubleClick Raises Fourth Quarter and Full Year 2004 Outlook

Higher than Expected Revenue from TechSolutions Drives Reults

Laptop Battery New York, 1/6/2005 - DoubleClick Inc. (NASDAQ: DCLK), the leading provider of data and technology solutions for marketers, advertising agencies and web publishers, today announced that it has revised guidance for the fourth quarter and full year 2004 in order to reflect better than anticipated revenue generation in the TechSolutions segment. The Company is also adjusting guidance to reflect a higher diluted share count as required under FASB EITF Issue No. 04-8.
Company Raises Revenue Expectations Due to higher than projected revenue from its Performics, Ad Management, and Email products, DoubleClick now expects that fourth quarter revenue from its TechSolutions segment will be $6 million to $7 million higher than the mid-point of its previous guidance range. Data segment revenue is expected to be within a narrower range than indicated in the previous outlook. These figures are preliminary. The Company plans to report final fourth quarter and full year 2004 results on February 3, 2005.

Stamps.com Reports First Quarter 66% Year over Year Revenue Growth, and Increased Guidance for 2004 Company Now Anticipates Approximately 55% Fiscal Year 2004 Revenue Growth and Profitability in the Fourth Quarter of 2004 SANTA MONICA, Calif. April 21, Stamps.com™ ( STMP) today announced financial results for the first quarter of 2004. First quarter revenue was an all time quarterly high of $7.6 million, up 66% versus the first quarter of 2003 and up 19% versus the fourth quarter of 2003. In addition, Stamps.com announced that it has adjusted its guidance for fiscal 2004 total revenue to be up approximately 55% versus fiscal year 2003; previously the company guided to an overall increase of 35%. Further, the company now anticipates profitability in the fourth quarter of 2004, a quarter earlier than previously expected.

Thinkpad "This quarter we saw an increase in Ad Management volume from both existing customers and from large new customers coming on board," said Kevin Ryan, CEO, DoubleClick Inc. "In addition, our Search, Affiliate, and Email businesses all benefited from a strong holiday season."

For the first quarter of 2003, the company expects revenue to be flat versus the fourth quarter 2002 level. First quarter gross margin is expected to be in the mid 60% range, and first quarter total operating expenses are expected to increase approximately $1 million from the fourth quarter 2002 level. On a per share basis, first quarter 2003 GAAP net income is expected to be a loss of approximately five cents per share. For the full year 2003, the company expects total revenue to be approximately $20 million, a 22% increase over 2002 revenue.

Microsoft New GAAP Rules on Contingent Convertibles Under FASB EITF Issue No. 04-8, "The Effect of Contingently Convertible Instruments on Diluted Earnings per Share, DoubleClicks Zero Coupon Convertible Subordinated notes will be included in the calculation of diluted earnings per share regardless of whether any of the conversion contingencies have been met. The new EITF Issue is effective for reporting periods ending after December 15, 2004, subsequent to which date publicly traded companies must retroactively restate diluted earnings per share calculations for 2004 and prior year periods.

For the fourth quarter of 2003, the company expects revenue to be approximately $5.6 million. Gross margin is expected to be in the mid 50% range. Total operating expense for the fourth quarter is expected to increase by approximately two million from the third quarter level due to an anticipated increase in fourth quarter general and administrative expense, and due to plans to increase fourth quarter sales and marketing spend. On a per share basis, fourth quarter 2003 GAAP net income is expected to be a loss of approximately nine cents per share. For the full fiscal year 2004, the company expects total revenue to increase approximately 25% over 2003 levels, gross margin is expected to be approximately sixty percent, and total net loss is expected to be approximately $0.20 per share.

Laptop Computers Under the EITF issue, DoubleClick will treat its Zero Coupon Convertible Subordinated Notes, which have a conversion price of $13.12 per share, as though they had been converted into approximately 10.3 million shares beginning June 23, 2003. In this restatement, DoubleClick will treat its former 4.75% Subordinated Notes as though they had been converted into approximately 3.8 million shares from January 1, 2003 through July 24, 2003. No restatement will be necessary for periods prior to January 1, 2003, because the 4.75% Notes would have been anti-dilutive.

As a rental organization ICC has kept strong focus on service by following strict quality control procedures and providing 24 hour a day, 7 day a week technical support on every computer rental. Feel secure when renting a computer from iccrents.com. Rent Laptops from Quick, 1000 laptops in stock, HP, CPQ, Dell, IBM, 24x7 Support, Same Day deliveries available nationwide. 20 years of experience.

Laptop Computer Revised 2004 Outlook The Company now anticipates fourth quarter TechSolutions revenue of $54 million to $55 million, compared to the previous guidance range of $46 million to $50 million. Fourth quarter Data revenue is expected to range from $26 million to $27 million, versus the previous outlook of $25 million to $28 million. DoubleClicks overall 4Q04 top line is estimated to be $81 million to $82 million, compared to the previous guidance of $72 million to $77 million.

Computer memory is the quickest, cheapest, and easiest way to improve the performance of your system. Find RAM memory upgrades for desktops, laptops, servers, and printers all backed by a lifetime warranty and guaranteed compatible with your computer. Shipping is an everyday low price of $1.99! Computer Memory Outlet sells memory compatible with all leading computer manufacturers like Dell, Apple, Compaq, HP, Sony, IBM, Lenovo, and many more.”

Desktop Computer DoubleClick expects full year 2004 TechSolutions revenue to be $193 million to $194 million, against the previous guidance range of $185 million to $190 million. 2004 Data revenue is expected to be between $104 million and $105 million, versus the previous outlook of $103 million to $106 million. Total Company revenue is expected to range from $298 million to $299 million, compared to the previous estimate of $290 million to $295 million.

Notebooks DoubleClicks gross margin is expected to be in the low 70s percent range for the quarter and year. The Company had previously anticipated full year gross margins in the high 60s to low 70s percent range, while the 4Q04 gross margin projection is unchanged. GAAP operating expenses are projected to be $50 million to $51 million for 4Q04, versus the previous guidance range of $50 million to $52 million. Full year GAAP operating expenses are expected to be approximately $190 million.

Lenovo The Company now anticipates GAAP EPS of between $0.06 and $0.07 and $0.24 and $0.25, respectively, for the quarter and year ending December 31, 2004. These estimates assume a reduction in EPS of approximately $0.01 for 4Q04 and $0.02 for FY04 due to the EITF change described above. DoubleClicks previous outlook for GAAP EPS was $0.01 to $0.04 for the fourth quarter of 2004 and $0.21 to $0.24 for the full year, exclusive of EITF Issue No. 04-8. Unusual items are not expected to have a material impact on the quarters results.

Hard Drive Fourth Quarter And Full Year 2004 Financial Results DoubleClick will be releasing its fourth quarter and full year 2004 results after market close on Thursday, February 3, 2005. At 5:00 p.m. EDT on the same day, the Company will be hosting a conference call to discuss these results as well as to provide its preliminary first quarter and full year 2005 financial outlook.

Travelstar To listen to a live Webcast of the call, please go to ir.doubleclick.net 15 minutes prior to the planned start of the call to register, download, and install (at no cost) any necessary software. There will be a replay of the Webcast available beginning approximately one hour after it has ended at ir.doubleclick.net. This replay will be available for 30 days thereafter. For dial-in information, please contact Investor Relations at (212) 683-0001.

Gateway The Webcast is also being distributed over CCBNs Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com or by visiting any of the investor sites in CCBNs Individual Investor Network. Institutional investors can access the call via www.streetevents.com.

[ Comment, Edit or Article Submission ]

Share this:

Add To Yahoo MyWeb Add To Google Bookmarks Add To Furl Fav This With Technorati Add To Newsvine Add To Bloglines Add To Ask Add To Windows Live Add To Slashdot Stumble This Digg This Add To Del.icio.us Add To Reddit

More about:

Nov December 2008 Jan
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

IBM Computer, Laptops and Servers Blog on Technorati Related Blog of IBM Computer, Laptops and Servers on Sphere
Content Directory
Resource Guide


Laplink PC Connectivity Synchronization Software

Website Links
IBM Computer, Laptops and Servers Copyright © 2008 www.ibmfans.com. All rights reserved. Site Map
Homepage | Blog | Advertise | Privacy Policy | Disclaimer | Contact Us | Links