Interpublic Reports Top- and Bottom-Line Growth in Key Third Quarter
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Interpublic Group of Companies on Wednesday morning beat analysts’ expectations for revenue growth in the third quarter, reporting a year-over-year increase of 8.3%, and said net income grew 88.6% to $92.8 million.
Organic revenue, including results from continuing operations but excluding factors such as acquisitions, increased 6.3%.
“We are pleased with strong growth in revenue and profitability during the quarter and for the first nine months of 2014,” Interpublic Chairman-CEO Michael Roth said in a statement. “Strategic actions taken over the years to develop our digital assets, creative talent and operations in the U.S. and emerging markets have positioned us to succeed in a marketing landscape that is increasingly fragmented, where offerings must be integrated, data-driven and focused wholly on the consumer.”
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