Avenue A Turns a Profit in 4Q

Online advertising agency Avenue A Inc. has reported a profit.

The Seattle-based firm said its net income was $1.7 million for the fourth quarter of 2002, compared to a net loss of $4.5 million for the 2001 fourth quarter. The 2002 fourth quarter ended Dec. 31, 2002.

For the year 2002, revenue was $133 million. Last year