Net Income Falls at Interpublic

Q4, full-year declines come despite revenue gains

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Net income fell at Interpublic Group last year—both in the fourth quarter and for the full year—despite revenue gains in each period.

Revenue grew 3 percent in Q4 to $2.12 billion and 2 percent for the year to $7.12 billion, compared to the same periods in 2012. On an organic basis, revenue rose nearly 4 percent in the quarter and about 3 percent for the year.

That said, net income for the year slid to $259.2

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