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NEW YORK Digitas has reported third-quarter net profit of $8.2 million on fee revenue of $59.9 million.
The marketing shop’s Q3 net income of $8.2 million, or 11 cents per diluted share, improved from $3.2 million, or 5 cents per diluted share, in the year-ago quarter.
Third-quarter fee revenue for Digitas totaled $59.9 million, up 15 percent from $52.2 million in the year-earlier period, but flat with $60.6 million in the second quarter.
The Boston-based company, which handles digital- and direct-marketing chores for clients like General Motors and American Express, last Friday completed its $160 million stock-for-stock purchase of Modem Media [IQ Daily Briefing, Oct.
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