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NEW YORK AQuantive said its Avenue A/Razorfish agency enjoyed strong growth in the third quarter, thanks mostly to increased spending on Web initiatives by existing clients.
Revenue at aQuantive’s digital marketing services unit, which includes Avenue A/Razorfish, was $67.7 million, up 40 percent from a year ago. Operating income was $14.3 million, up 50 percent.
CFO Wayne Wisehart said the company’s revenue for the quarter was lowered by a few Web projects being pushed off to the third quarter.
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