Q4 Revenue Drops for Modem Media

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NEW YORK Modem Media reported Tuesday that fourth-quarter revenue slipped 16 percent from the third quarter and 23 percent from the year-ago period. The interactive agency, 43 percent owned by the Interpublic Group, also swung to a net loss for the quarter.

Revenue from continuing operations for the fourth quarter of 2002 totaled $15 million versus $17.8

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