Interpublic Announces First Quarter 2019 Results

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Go back to Interpublic Announces First Quarter 2019 Results

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

April 26, 2019 7:03 AM EDT

Interpublic Group of Cos. (NYSE: IPG) reported Q1 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.96 billion.

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... More