Digitas Posts Profitable Year

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NEW YORK Digitas completed its first full year of profitability as a public company in 2003.

The 23-year-old shop, which went public in March 2000, reported 2003 net income of slightly less than $17 million, or 24 cents per share. That is an improvement over a 2002 net loss of more than $40 million, or 65 cents per share. Revenue for 2003 declined 3 percent to $311.8 million from $321 million.

For the fourth quarter, Digitas recorded net income of slightly more than $8 million, or 11 cents per share, versus a net income of $1.7



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