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Stock impact report

Interpublic Announces First Quarter 2020 Results

Interpublic Group of Companies, Inc. (The) (IPG) 
Last interpublic group of companies, inc. (the) earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.interpublic.com
Company Research Source: GlobeNewswire
Reported net revenue of $1.97 billion, a decrease of 1.6% from a year ago, with organic net revenue growth of 0.3%In seasonally small quarter, net income was $4.7 million compared with a loss of $8.0 million a year ago, with EBITA of $97.2 million and EBITA margin of 4.9%First quarter diluted EPS was $0.01 and $0.11 as adjusted Management highlights strategic and operating strengths, exceptional talent base, deep financial resources, and flexible cost model, amid macroeconomic and marketing uncertainty due to COVID-19 pandemic New York, April 22, 2020 (GLOBE NEWSWIRE) -- Summary Revenue First quarter 2020 net revenue decreased 1.6% to $1.97 billion, compared to $2.00 billion in the first quarter of 2019. During the quarter, the organic net revenue increase was 0.3%, while the effect of foreign currency translation was negative 1.0%, and the impact of net dispositions was negative 0.9%. First quarter 2020 total revenue remained flat at $2.36 billion compared to t Show less Read more
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