10% Q2 Revenue Spike for IPG

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Interpublic Group today reported a fourfold spike in second-quarter net income to more than $105 million on revenue growth of nearly 10 percent to $1.61 billion, compared to the same period a year ago.

In organic terms, excluding fluctuations in currencies and the impact of acquisitions, revenue growth was 8.5 percent for Q2, compared to the same frame in 2009.

The improved quarterly results helped the holding company tally net income of $33.8 million for the first half.

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