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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.
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