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Interpublic Group posts second quarter revenue and income increases

on Jul 21, 2016 | 0 comments

By Minda Smiley

Interpublic Group (IPG) has posted second quarter revenue and profit increases following a solid first quarter.

On Thursday, the company reported that revenue increased to $1.92bn during the second quarter, up 2.2 per cent from the same period last year. IPG’s net income jumped to $160.2m in the second quarter, an increase from 2015’s Q2 posting of $123.8m.

It also experienced an organic revenue increase – a figure that does not take into account mergers, acquisitions and the impact of foreign currency – of 3.7 percent, attributed to an organic increase of 4.6 per cent in the US and 2.3 Read full story ›

Source: The Drum