Revenue, Losses Grow for DoubleClick

DoubleClick, New York, had revenue of $110.1 million, a 179% increase over $39.4 million in first quarter 1999. The company had a net loss of $18.4 million, from a loss of $8.6 million in 1999. The quarter ended March 31.

During the quarter, the company’s TechSolutions division had revenue of $39.8 million, spurred by delivery of 125 billion ads delivered during the quarter. Its Data Services division, which includes the Abacus Alliance cooperative database, reported revenue of $14.7 million, and its Media division reported revenue of $80.2 million.