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Interpublic Group of Cos. on Thursday reported earnings for its second quarter of 2016 that beat analyst expectations, as well as an increase in revenue and net income.

Net income rose 29% to $160.2 million from $123.8 million during the same period last year. Earnings increased 30% to $0.39, beating analyst expectations of $0.33, according to data from MarketWatch.

Total revenue in the quarter increased 2.2% to $1.92 billion, compared to $1.88 billion in the second quarter of 2015. Organic revenue, which strips out the impact of acquisitions and foreign currency, increased 3.7% compared to the prior-year period. The increase was comprised of an organic increase of 4.6% in the U.S. and 2.3% internationally.

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