Digitas Gains Financial Momentum

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BOSTON Following a surprise return to the black during the final quarter of 2002, independent marketing shop Digitas said it expects to record a profit again in this year’s first quarter.

The Boston-based company anticipates fee revenue of $52-54 million for the first quarter of 2003. “We believe the company is well positioned for continued growth in revenue, earnings and cash flow,” said Jeff Cote, Digitas chief financial officer. “We remain cautiously confident about our outlook for 2003.”

Digitas



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