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Stock impact report

Interpublic Announces First Quarter 2024 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
New York, NY, April 24, 2024 (GLOBE NEWSWIRE) -- Total revenue, including billable expenses, was $2.50 billion  Revenue before billable expenses (“net revenue”) was $2.18 billion, an increase of 0.3% from a year ago, with organic increase of 1.3%  Net income was $110.4 million as reported  Adjusted EBITA before restructuring charges was $205.5 million with 9.4% margin on net revenue, in seasonally small first quarter  Diluted EPS was $0.29 as reported and was $0.36 as adjusted Philippe Krakowsky, CEO of IPG: “The first quarter results we are reporting today represent a solid start to the year, and are consistent with our 2024 targets. Our data and tech driven media offerings, healthcare marketing, and PR capabilities continued to perform strongly, driving our growth. Marketer sentiment has begun to improve relative to the back half of last year, and the new business pipeline is more active. “We continue to enhance our offerings, further e Show less Read more
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