TORONTO: Miles Nadal-led marketing services group MDC increased its revenue from $92.476 million to $110.582 million in Q3.
Operating income for the group was $7.758 million, compared to $14.348 million in Q3 2009. The company reported that its overall Q3 revenue increased 33% year-over-year to $178.6 million, while net income was at a loss of $11 million, compared with a $36 million profit in Q3 2009. Overall organic revenue increased 7.5% in Q3, from Q2.
Nadal, MDC's CEO, attributed the revenue ...