Abacus Direct Corp., Broomfield, CO, reported revenue for the third quarter ended Sept. 30, were $23 million, a 44% increase over revenue of $16 million for the same period a year ago.
For the nine months ended September 30, 1999, revenue was $49 million, a 42% increase over revenue of $34.5 million for the same period last year.
Earnings will be released October 20.
“We continue to show strong growth in all of our markets and are well positioned with our customer base,” said Tony White, chairman and CEO, in a statement.
Referring to the planned merger with DoubleClick, White stated, “Our intention to merge with DoubleClick during the fourth quarter of 1999 is designed to expand our product offering and our customer base, and we look forward to closing our previously announced merger.”
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