Omnicom Posts Strong Q4

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BOSTON Omnicom Group today said its fourth-quarter net income rose more than 13 percent to $314 million (or 96 cents per share) on a 12.7 percent increase in revenue to $3.62 billion, compared to the same period a year ago.

Analysts had projected earnings of 95 cents per share on revenue of $3.57 billion, according to Reuters estimates, so the Q4 numbers were generally ahead of expectations and the company’s shares by midday Tuesday rose $1.74

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