Q3 Revenue, Income Gains at IPG

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NEW YORK Interpublic Group today reported net income of nearly $39 million for the third quarter of 2008 on revenue growth of 11.5 percent compared to the same period last year.

The net income figure represented a significant positive swing from the net loss of nearly $29 million that IPG recorded in Q3 2007. IPG ended the quarter with revenue of $1.74 billion, up from $1.55 billion in the third quarter of last year.

The first nine months of 2008 told a similar story, with IPG recording net income of $56.7

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