12.5% Q1 Revenue Spike at Omnicom

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BOSTON Omnicom Group, the largest agency holding company, today reported a 14 percent increase in first-quarter net income to $208 million on a 12.5 percent revenue boost to nearly $3.2 billion, compared to the same quarter a year ago.

Diluted earnings per share in Q1 increased more than 18 percent to 65 cents compared with the year-ago period.

That performance generally beat Wall Street predictions, as analysts had expected earnings of 62 cents per share and revenue of $3.13

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