Interpublic Group of Cos. (IPG) Tops Q3 EPS by 4c
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Interpublic Announces Third Quarter and First Nine Months 2022 Results
October 21, 2022 7:00 AM EDTNew York, NY, Oct. 21, 2022 (GLOBE NEWSWIRE) --
Third quarter revenue before billable expenses ("net revenue") was $2.30 billion, an increase of 1.5% from a year ago, with organic growth of 5.6%Third quarter net income was $251.8 million, with adjusted EBITA before restructuring charges of $356.2 million and margin of 15.5% on revenue before billable expensesThird quarter diluted EPS was $0.64 as reported and $0.63 as adjustedCompany upgrades FY-22 performance outlook, despite a more challenging macroeconomic environment, highlighting strength of talent and diverse offerings, delivered through an integrated and flexible business... More