Profits at Think New Ideas:

Published on .

Think New Ideas, New York, reported net income of $473,000 in its second quarter, ended Dec. 31, compared to a loss of $778,000 in the year ago period, on revenue of $10.1 million, a 165% increase over its $3.8 million in revenue a year ago. Second-quarter revenue from Think New Ideas' interactive services division rose 111% to $3.9 million from $1.9 million a year ago, reflecting in part its acquisition of BBG New Media--renamed Think Boston--last November. Revenue from its traditional services division rose 216% to $6.1 million from $1.9 million in the year-ago quarter.

Copyright January 1998, Crain Communications Inc.

Most Popular
In this article: