Digitas: 2Q Generally Down

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Digitas on Monday reported a generally down second quarter, with a net loss of $33.5 million on revenue of $60.5 million.

The bad news had been expected and was generally in line with numbers reported by competing i-shops.

Digitas’ quarterly loss rose from $5.3 million for the same period a year ago; revenue was $70 million for the same year-ago period.

The loss was attributed mainly to a $16.9 million charge related to layoffs and other restoring efforts, a company representative said.






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