Modem Media Posts Modest Q2 Gains

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NEW YORK Modem Media today reported minor increases in the second quarter, as net income improved 6 percent to $1.8 million and revenue rose 4 percent to $15.9 million.

The Norwalk, Conn.-based i-shop, which is being purchased by Digitas (see related story), posted Q2 net income of $1.8 million, or 6 cents per diluted share, versus $1.7 million, or 6 cents per diluted share, in the year-earlier period.

Revenue for the quarter reached $15.9 million, up from $15.3



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