Reported about 13 hours ago
Omnicom has reported second-quarter results that exceeded Wall Street forecasts, largely due to robust performance in its advertising and media segment, which grew by 8.2%. The company's revenue reached $4.02 billion, surpassing analysts' estimates of $3.96 billion. Despite ongoing economic challenges, Omnicom benefited from sustained client spending and is leveraging AI in its marketing efforts. The firm also plans to finalize its acquisition of Interpublic Group following antitrust approval.
Source: YAHOO