Digitas Q4 Net Income Falls

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NEW YORK Digitas said its fourth-quarter income fell slightly from a year earlier while sales grew.

The Boston-based agency group reported total fourth-quarter net income slipped slightly, falling to $7.7 million from $8.1 million in the same period in 2003. (On an earnings-per-share basis, net income fell to 9 cents per share from 13 cents a year earlier.) Digitas reported fee revenue of $71 million, up 33 percent from fourth-quarter 2003.

Digitas was hurt by AT&T’s decision in July 2004 to stop marketing local and long-distance phone service to consumers.



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