Modem Media Q3 Revenue Drops

Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.

NEW YORK — Modem Media’s third quarter revenues slipped about 17 percent from the same time a year ago and four percent from the second quarter of this year, the i-shop reported Thursday.

Revenues for the third quarter totaled $17.8 million versus $21.5 million for Q3 2001 and $18.5 million for Q2 2002.

Modem Media shut down its Toronto, Munich and Hong Kong outposts in the third quarter. Its remaining offices are Sao Paulo, London and San Francisco, and its Norwalk, Conn.,



AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in