Interpublic: 2Q Earnings Snapshot
NEW YORK (AP) _ Interpublic Group of Cos. (IPG) on Tuesday reported second-quarter earnings of $169.5 million.
The New York-based company said it had net income of 43 cents per share. Earnings, adjusted for one-time gains and costs, were 46 cents per share.
The marketing and advertising company posted revenue of $2.52 billion in the period.
Interpublic shares have risen 11% since the beginning of the year, while the Standard & Poor’s 500 index has climbed 19%. The stock has increased 6% in the last 12 months.