Marketer Caution Impacts Interpublic's Results

Revenue, net income drop in Q3

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Interpublic Group, bitten by marketer caution felt throughout the industry, saw its revenue and net income decline in the third quarter and first nine months of the year.

For the quarter, revenue dipped 3 percent to $1.67 billion from the same period last year. At the same time, net income fell to $68.7 million from $208.1 million in Q3 2011.

The dropoffs were less steep for the first nine months, when total revenue declined 1 percent to $4.89

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