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BOSTON- Digitas today reported a net loss of $44.5 million for the third quarter on revenue of approximately $85.5 million.
That figure is an improvement over the third quarter of 2001, when revenues were $72 million. Overall revenue for the year so far is slightly less than $230 million, down from about $270 million for the same period in 2001.
The loss, which had been expected, was attributed by company officials mainly to a $47 million restructuring charge related to real-estate holdings in Boston, New York and San Francisco.
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