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NEW YORK Digitas completed its first full year of profitability in 2003 as a public company.
The 23-year-old i-shop, which went public in March 2000, reported yesterday a 2003 net income of $16.9 million, or 24 cents per share. That is an improvement over a 2002 net loss of $40.3 million, or 65 cents per share.
Full-year fee revenue rose 3 percent to $209.5 million from $203.9 million for the prior period, while total revenue for 2003, including reimbursable pass-through expenses, declined 3 percent to $311.8
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