Omnicom revenue rises on higher ad spending in North America
Oct 21 (Reuters) - Omnicom Group Inc, the No. 1 U.S. advertising company, reported a 7.4 percent rise in quarterly revenue, boosted by higher ad spending by businesses in North America.
Revenue rose to $3.75 billion in the third quarter ended Sept. 30 from $3.49 billion a year earlier.
North America revenue rose 8.9 percent.
Net income available for common shareholders rose to $239.5 million, or 95 cents per share, from $191.2 million, or 74 cents per share, a year earlier.
(Reporting by Abhirup Roy and Soham Chatterjee in Bangalore; Editing by Don Sebastian)
