Interpublic Group of Cos. (IPG) Reports In-Line Q1 EPS, Revenues Beat

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Go back to Interpublic Group of Cos. (IPG) Reports In-Line Q1 EPS, Revenues Beat

Interpublic Announces First Quarter 2019 Results

April 26, 2019 7:00 AM EDT

New York, April 26, 2019 (GLOBE NEWSWIRE) --

First quarter net revenue increase of 13.0%, with strong organic net revenue growth of 6.4%In seasonally small first quarter, net loss was $9.5 million, compared to net loss of $16.1 million in 2018, and adjusted EBITA1 was $103.6 million compared to $44.1 million in 2018Diluted loss per share of $0.02, and earnings per diluted share of $0.11 as adjusted compared to earnings of $0.04 as adjusted in 2018Management confirms that the company is on track to achieve its full-year organic net revenue growth target of 2.0% to 3.0% and... More