IPG

Interpublic Group Reports Revenue Increase of 5.2%

Interpublic Group of Companies, Inc. recently held a conference call to discuss its first-quarter 2024 results. The call included the company's CEO, Philippe Krakowsky, and CFO, Ellen Johnson, among others. The company reported a revenue of $2.3 billion for the first quarter of 2024, representing a 5.2% increase from the previous quarter. Additionally, the net income for the first quarter of 2024 was $145.6 million, reflecting a 9.8% increase from the previous quarter. Furthermore, the company's operating margin for the first quarter of 2024 stood at 11.5%, marking a 1.2% increase from the previous quarter. These figures indicate positive growth and performance for Interpublic Group of Companies, Inc. in the first quarter of 2024. As a result of these announcements, the company's shares have moved -0.1% on the market, and are now trading at a price of $31.45. For the full picture, make sure to review Interpublic's 8-K report.

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