Interpublic's Net Income Nearly Doubled in Q3

Gain comes amid revenue growth of 8%

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Interpublic Group's net income nearly doubled in the third quarter, as revenue grew by 8 percent.

The holding company ended the quarter with $1.84 billion in revenue and net income of more than $89 million, up from $45 million in the same period last year. On an organic basis, revenue rose more than 6 percent.

Growth for the first nine months of the year was comparable, with revenue climbing nearly 7 percent to $5.33 billion and net income more than doubling to $168 million, from $66 million in the like period of 2013.

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