• by Steve McClellan  @mp_mcclellan, July 17, 2012

Omnicom Group reported a 2.1% gain in revenue for the second quarter to a little more than $3.5 billion with a 2.8% net income gain to $283 million. 

That was slightly better than the consensus estimate on Wall Street which had forecasted a 1.5% revenue gain for the group.

Organic revenue growth for the period was up 5.1%.

In the U.S., the holding company posted a 4.5% revenue gain to $1.86 billion.

For the first half of the year, Omnicom posted total revenue of $6.87 billion, up 3.5%, with net income of 2.2% to to $487 million.

First half domestic revenue was up  4.7% to almost $3.6 billion.  Organic revenue for the first half, like the second quarter, was 5.1%.