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For the fourth consecutive quarter, revenue slipped for i-shop Modem Media. The Norwalk, Conn.-based company, which reported its third quarter earnings Thursday, posted $23.1 million in revenue for the period ending Sept. 30. That is a decline of 11 percent from $26.1 million in second quarter 2001 and 39 percent from last year’s third quarter revenues of $37.8 million.
The company recorded a net loss for the quarter of $1.9 million or 8 cents per share, compared with a net loss of $5.5
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