Interpublic Announces Second Quarter and First Half 2024 Results
Interpublic Group of Companies, Inc. (The) (IPG)
Last interpublic group of companies, inc. (the) earnings: 4/22 07:00 am
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US:NYSE Investor Relations:
investors.interpublic.com
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Source: GlobeNewswire
New York, NY, July 24, 2024 (GLOBE NEWSWIRE) -- Total revenue including billable expenses was $2.71 billionRevenue before billable expenses ("net revenue") was flat at $2.33 billion, with an organic increase of 1.7%Reported net income was $214.5 millionAdjusted EBITA before restructuring charges was $338.9 millionMargin of adjusted EBITA before restructuring charges was 14.6% on revenue before billable expensesDiluted earnings per share was $0.57 as reported and $0.61 as adjusted Philippe Krakowsky, CEO of IPG: “Second quarter performance was solid, with moderate acceleration in organic growth, as well as margin expansion compared to the same period last year. Consistent with our longer-term performance, IPG Mediabrands and IPG Health led the way in the quarter. We also saw notable contributions to growth from Deutsch LA, Golin and Acxiom. Creatively, our agencies continued to garner exceptional levels of recognition for the quality of their ideas and innovatio
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IPG
News
- The Interpublic Group of Companies, Inc. (NYSE: IPG) had its price target lowered by analysts at Bank of America Co. from $36.00 to $35.00. They now have a "buy" rating on the stock.MarketBeat
- Amazon awards $20B+ media account to WPP and Omnicom Media Group [Seeking Alpha]Seeking Alpha
- Interpublic Expands Integrated Health Offering with Launch of Mediabrands Health Center of ExcellenceGlobeNewswire
- Interpublic Group to Present at the BofA Securities Media, Communications & Entertainment ConferenceGlobeNewswire
- Amazon Wields New Influence in TV's Upfront Sales Haggle Through Massive Media Account Review [Yahoo! Finance]Yahoo! Finance
IPG
Earnings
- 7/24/24 - In-Line
IPG
Sec Filings
- 7/25/24 - Form 8-K
- 7/24/24 - Form 10-Q
- 7/24/24 - Form 8-K
- IPG's page on the SEC website