Digitas has reported a 32% increase in revenues in 2005. Digitas’ total revenues in the fourth quarter of 2005 were $159 million, as compared to $105.4 million for the fourth quarter of 2004.


Digitas has reported a 32% increase in revenues in 2005. Digitas’ total revenues in the fourth quarter of 2005 were $159 million, as compared to $105.4 million for the fourth quarter of 2004.

Digitas reported a $87.1 million fee revenue for the fourth quarter of 2005, compared to $71 million in 2004 for the same quarter.

Net income for the fourth quarter of 2005 was $10.7 million, or $0.11 per share, compared to $7.7 million, or $0.08 per share, in 2004.

Digitas also reported that it has purchased around 1.2 million shares of its common stock, at the price of $11.12 per share, during the fourth quarter of 2005.

David Kenny, Chairman and Chief Executive Officer of Digitas Inc., said: “What began as a trend toward digital marketing is now a firmly established direction. Growth and diversification in our revenue base are clear evidence that we have been successful in acquiring clients who can benefit from digital marketing.” [Source]

For the year ending Dec 31, 2005, Digitas reported a total revenue of $565.5 million. The company’s total revenue for 2004 was $382 million.

Digitas Inc. is the parent company of Digitas LLC and Modern Media. Digitas Inc. offers strategic and marketing services to internet-based, ecommerce companies.

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