Interpublic Group of Cos. (IPG) Misses Q3 EPS by 3c

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Go back to Interpublic Group of Cos. (IPG) Misses Q3 EPS by 3c

Interpublic Announces Third Quarter and First Nine Months 2023 Results

October 20, 2023 7:00 AM EDT

New York, NY, Oct. 20, 2023 (GLOBE NEWSWIRE) --

Total revenue, including billable expenses, was $2.68 billionRevenue before billable expenses ("net revenue") was $2.31 billion, an increase of 0.6%, with organic decrease of 0.4%Reported net income was $245.7 millionAdjusted EBITA before restructuring charges was $397.2 millionMargin of adjusted EBITA before restructuring charges was 17.2% on revenue before billable expensesDiluted earnings per share was $0.63 as reported and $0.70 as adjusted

Philippe Krakowsky, CEO of... More