Jul
22
Interpublic Continues to Show Profit Gains
Posted in: Uncategorized
Interpublic Group’s net income grew to $123.8 million in the second quarter, up 1.6% from the quarter a year earlier, the agency holding company said Wednesday morning.
Total revenue increased 1.3% to $1.88 billion. Organic revenue, excluding one-time factors such as acquisitions and external forces such as currency fluctuations, increased 6.7%.
Operating income rose 10.2% to $215.8 million, with a margin of 11.5%, up from 10.6% during the same period last year.
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