Interpublic Group of Cos. (IPG) Tops Q3 EPS by 14c

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Go back to Interpublic Group of Cos. (IPG) Tops Q3 EPS by 14c

Interpublic Announces Third Quarter and First Nine Months 2021 Results

October 21, 2021 7:00 AM EDT

New York, Oct. 21, 2021 (GLOBE NEWSWIRE) --

Third quarter net revenue was $2.26 billion, an increase of 15.7% from a year ago, with organic growth of 15.0%Net income was $239.9 million, with adjusted EBITA before restructuring charges of $369.5 million and margin of 16.3% on net revenueThird quarter diluted EPS was $0.60 as reported, and $0.63 as adjusted compared with $0.53 a year agoCompany upgrades expectation for FY 2021 financial performance to organic growth of approximately 11.0% and adjusted EBITA margin of approximately 16.8%, based on continued progress on public health and sustained macro... More