MDC Reports Revenue Gain But Income Loss
MDC Partners reported its earnings yesterday, announcing a year-over-year increase in revenue for the third quarter – $178.6 million for Q3 2010 versus $134.4 million for Q3 2009. Organic revenue increased 7.5 percent for the quarter.
For the nine months ending September 30, 2010, the company reported $484.4 million in revenue, a 22.5 percent increase over $395.6 million in 2009.
The company also reported net new business wins for third quarter 2010 totaling $14.7 million, with $47.5
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