Digitas Q1 Net Income Improves 40%

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

NEW YORK Digitas said its first-quarter net income rose 40 percent, thanks to increased use of the Internet for brand marketing.

The Boston-based agency reported first-quarter net income of $10.4 million, or 11 cents per share, up from $7.4 million in the same period a year earlier. Fee revenue was $80.3 million, up 34 percent from the year-ago period.

Looking ahead, Digitas said it expects Q2 fee revenue between $85 million and $88 million, with earnings per share of 11 to 13 cents.



AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in