OMC - Why Media Company Omnicom Shares Are Trading Higher Premarket Today | Benzinga
Omnicom Group Inc. (NYSE:OMC) shares are trading higher after the company reported first-quarter FY24 results.
Revenue rose 5.4% Y/Y to $3.63 billion, beating the consensus of $3.615 billion. This was led by an organic growth of 4.0% Y/Y. Acquisition revenue (net of disposition revenue) increased revenue by 1.5%, led by Flywheel Digital’s acquisition in the Precision Marketing discipline, and the impact of foreign currency translation ...