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Omnicom Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 17, 2023

NEW YORK, Oct. 17, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced results for the quarter ended September 30, 2023.

Key Points: 
  • Operating expenses increased $119.9 million, or 4.1%, to $3,017.3 million in the third quarter of 2023 compared to the third quarter of 2022.
  • Net interest expense in the third quarter of 2023 increased $9.2 million to $38.3 million compared to the third quarter of 2022.
  • Net Income – Omnicom Group Inc. and Diluted Net Income per Share
    Net income - Omnicom Group Inc. for the third quarter of 2023 increased $7.4 million, or 2.0%, to $371.9 million compared to the third quarter of 2022.
  • Omnicom will host a conference call to review its financial results on Tuesday, October 17, 2023 at 4:30 p.m. Eastern Time.

Anchin Continues Growth by Welcoming Partner Matthew Rosenblatt to its Professional Services and Technology Groups

Retrieved on: 
Wednesday, August 9, 2023

NEW YORK, Aug. 9, 2023 /PRNewswire/ -- Anchin , a premier New York-based accounting, tax and advisory firm, is pleased to announce that Matthew Rosenblatt has joined as an Audit Partner in the Firm's Professional Services and Technology Groups.

Key Points: 
  • NEW YORK, Aug. 9, 2023 /PRNewswire/ -- Anchin , a premier New York-based accounting, tax and advisory firm, is pleased to announce that Matthew Rosenblatt has joined as an Audit Partner in the Firm's Professional Services and Technology Groups.
  • Matthew Rosenblatt, CPA , has deep experience providing attest and advisory services, including GAAP and other technical expertise.
  • Matthew has served clients in the technology, professional services, entertainment and media and non-profit industries.
  • At Anchin, he will play a significant role advising clients in these areas as a key member within the firm's growing Technology and Professional Services Groups.

Omnicom Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, July 18, 2023

NEW YORK, July 18, 2023 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2023.

Key Points: 
  • Operating expenses increased $33.6 million, or 1.1%, to $3,059.2 million in the second quarter of 2023 compared to the second quarter of 2022.
  • Operating income increased $9.1 million, or 1.7%, to $550.7 million in the second quarter of 2023 compared to the second quarter of 2022.
  • Our effective tax rate of 27.0% in the second quarter of 2023 increased from 26.5% in the second quarter of 2022.
  • Net Income – Omnicom Group Inc. and Diluted Net Income per Share
    Net income - Omnicom Group Inc. for the second quarter of 2023 increased $17.9 million, or 5.1%, to $366.3 million compared to the second quarter of 2022.

Machine Learning Market to Hit $419.94 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Monday, July 17, 2023

SAN FRANCISCO, July 17, 2023 /PRNewswire/ -- The global machine learning market size is anticipated to reach USD 419.94 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, July 17, 2023 /PRNewswire/ -- The global machine learning market size is anticipated to reach USD 419.94 billion by 2030, according to a new report by Grand View Research, Inc.
  • It is expected to expand further as more organizations recognize the potential of machine learning and invest in its applications.
  • Read full market research report, " Machine Learning Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Enterprise Size, By End-use (Advertising & Media, Healthcare, Retail), By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • The growing adoption of cloud-based machine learning services in North America propels the market's growth.

Machine Learning Market to Hit $419.94 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Monday, July 17, 2023

SAN FRANCISCO, July 17, 2023 /PRNewswire/ -- The global machine learning market size is anticipated to reach USD 419.94 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, July 17, 2023 /PRNewswire/ -- The global machine learning market size is anticipated to reach USD 419.94 billion by 2030, according to a new report by Grand View Research, Inc.
  • It is expected to expand further as more organizations recognize the potential of machine learning and invest in its applications.
  • Read full market research report, " Machine Learning Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Enterprise Size, By End-use (Advertising & Media, Healthcare, Retail), By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • The growing adoption of cloud-based machine learning services in North America propels the market's growth.

Omnicom Group Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, April 18, 2023

NEW YORK, April 18, 2023 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) today announced results for the quarter ended March 31, 2023.

Key Points: 
  • Operating expenses increased $39.5 million, or 1.3%, to $3,096.8 million in the first quarter of 2023 compared to the first quarter of 2022.
  • Our effective tax rate of 25.5% in the first quarter of 2023 decreased from 37.2% in the first quarter of 2022.
  • Net Income – Omnicom Group Inc. and Diluted Net Income per Share
    Net income - Omnicom Group Inc. for the first quarter of 2023 increased $53.7 million, or 30.9%, to $227.5 million compared to the first quarter of 2022.
  • Omnicom will host a conference call to review its financial results on Tuesday, April 18, 2023 at 4:30 p.m. Eastern Time.

Ometria appoints Randall Beard as Chair of the Ometria Advisory Board

Retrieved on: 
Tuesday, March 7, 2023

Ometria, the first and only customer data and experience platform built for retailers, announced the appointment of Randall Beard as Chair of the Ometria Advisory Board.

Key Points: 
  • Ometria, the first and only customer data and experience platform built for retailers, announced the appointment of Randall Beard as Chair of the Ometria Advisory Board.
  • Beard is a leading and award-winning Independent Director, Board Member, Advisor and C-Suite General Management executive.
  • Beard as Chair of the Ometria Advisory Board, said Djalal Lougouev, Co-Founder and President of Ometria.
  • Ometria is trusted by the fastest-growing retail brands in the world such as Steve Madden, Hotel Chocolat, Sephora UK and Fred Perry.

Omnicom Group Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, February 7, 2023

Operating expenses in 2022 increased $114.3 million, or 0.9%, to $12,205.8 million compared to 2021.

Key Points: 
  • Operating expenses in 2022 increased $114.3 million, or 0.9%, to $12,205.8 million compared to 2021.
  • In 2022, operating expenses include charges arising from the effects of the war in Ukraine of $113.4 million.
  • Net Income – Omnicom Group Inc. and Diluted Net Income per Share
    Net income - Omnicom Group Inc. for 2022 decreased $91.3 million, or 6.5%, to $1,316.5 million compared to 2021.
  • Omnicom will host a conference call to review its financial results on Tuesday, February 7, 2023 at 4:30 p.m. Eastern Time.

Anchin Continues to Bolster its Ranks, Adding Experienced Talent to Fuel Further Growth in its Private Client and Real Estate Groups

Retrieved on: 
Tuesday, December 13, 2022

Kevin Brown has joined as a Principal in the Firm's Private Client group, and Erica Cohen as a Director in the Real Estate group.

Key Points: 
  • Kevin Brown has joined as a Principal in the Firm's Private Client group, and Erica Cohen as a Director in the Real Estate group.
  • All these actions are indicative of Anchin's commitment to serving its expanding and sophisticated client base.
  • She has over 10 years of experience providing assurance, advisory, tax, and accounting services to privately held companies, primarily in the real estate industry.
  • Erica serves clients in commercial and residential real estate, affordable housing projects, real estate development, real estate funds, and hospitality and service organizations.

Global Machine Learning Market to Reach $164.05 Billion by 2028 with a 39.2% CAGR

Retrieved on: 
Wednesday, November 16, 2022

Global machine learning market was valued at USD 16.2 billion in 2021, and it is expected to reach a value of USD 164.05 billion by 2028, at a CAGR of more than 39.2% over the forecast period (2022-2028).

Key Points: 
  • Global machine learning market was valued at USD 16.2 billion in 2021, and it is expected to reach a value of USD 164.05 billion by 2028, at a CAGR of more than 39.2% over the forecast period (2022-2028).
  • As businesses implement increasingly sophisticated security frameworks, machine learning will emerge as a significant security analytics trend, boosting the global machine learning market.
  • Global machine learning market is segmented based on the component, enterprise size, deployment, end-user, and region.
  • Based on the component, the global machine learning market is segmented into solutions, and services.