Digitas Falls on Warning

By TSC Staff ,

Internet services company Digitas (DTAS) was down 20.4% in preopen Island trading after the company lowered it estimates for the second quarter late Tuesday.

Digitas now expects a pro forma loss of 6 to 8 cents a share before charges, vs. a 1 cent profit expected by analysts and a profit in the year-ago period of 7 cents.

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