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NEW YORK MDC Partners said that although revenue dropped 5.3 percent in the third quarter to $135 million, earnings increased 9.9 percent to $18 million.
The Toronto-based company said those numbers are preliminary and subject to the final closing of corporate books, and it offered no explanation for the results. MDC will issue a full earnings report on Oct. 29.
Organic revenue in the quarter dropped 4.4 percent and declined 7.9 percent in the first nine months of 2009.
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