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Jack Morton names Patrick Bennett Global Chief Creative Officer
Prnewswire· 2024-08-01 13:15
BOSTON, Aug. 1, 2024 /PRNewswire/ -- Leading global brand experience agency Jack Morton, today announced the appointment of Patrick Bennett as its new Global Chief Creative Officer.As Global Chief Creative Officer, Bennett will steer the creative aspects of the agency's vision to inspire the world to experience better. He will serve on the agency's executive leadership team and chair Jack Morton's Creative Council of senior creative leaders worldwide. Jack Morton names Patrick Bennett new Global Chief Cr ...
The Interpublic Group: Cheap Cash Cow And Advertising Player
Seeking Alpha· 2024-07-31 06:10
AdShooter The Interpublic Group of Companies, Inc. (NYSE:IPG) recently delivered better than expected EPS GAAP, and continues to report stock repurchase programs to enhance the value of the stock. After delivering positive free cash flow for over ten years thanks to successful acquisitions, I would expect further growth thanks to new data management capabilities and investments in technology. Different valuation models including reviewing precedent transactions and a discounted cash flow model with conserva ...
Interpublic Declares Common Stock Dividend
Newsfilter· 2024-07-30 20:30
New York, NY, May 23, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on June 18, 2024, to holders of record at the close of business on June 4, 2024. # # # About Interpublic Interpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative co ...
IPG Photonics Announces Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-07-30 12:00
MARLBOROUGH, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the second quarter ended June 30, 2024. Three Months Ended June 30, Six Months Ended June 30, (In millions, except per share data and percentages) 2024 2023 Change 2024 2023 Change Revenue$257.6 $340.0 (24)% $509.7 $687.1 (26)%Gross margin 37.3% 43.4% 38.0% 42.9% Operating income$12.0 $72.1 (83)% $31.1 $147.5 (79)%Operating margin 4.7% 2 ...
Interpreting Interpublic (IPG) International Revenue Trends
ZACKS· 2024-07-29 14:16
Have you looked into how Interpublic Group (IPG) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this marketing and advertising company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Invest ...
IPG(IPG) - 2024 Q2 - Quarterly Results
2024-07-25 20:10
Exhibit 99.1 FOR IMMEDIATE RELEASE New York, NY (July 24, 2024) Interpublic Announces Second Quarter and First Half 2024 Results SECOND QUARTER • Total revenue including billable expenses was $2.71 billion • Revenue before billable expenses ("net revenue") was flat at $2.33 billion, with an organic increase of 1.7% • Reported net income was $214.5 million • Adjusted EBITA before restructuring charges was $338.9 million • Margin of adjusted EBITA before restructuring charges was 14.6% on revenue before billa ...
IPG(IPG) - 2024 Q2 - Quarterly Report
2024-07-24 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-6686 THEINTERPUBLIC GROUP OF COMPANIES, INC. (Exact name of registrant as specified in its charter) Delaware 13-1024020 (State or other jurisdiction of incorporation or organi ...
IPG(IPG) - 2024 Q2 - Earnings Call Transcript
2024-07-24 18:35
The Interpublic Group of Companies, Inc. (NYSE:IPG) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants Jerry Leshne - Senior Vice President of Investor Relations Philippe Krakowsky - Chief Executive Officer Ellen Johnson - Chief Financial Officer Conference Call Participants Adrien de Saint Hilaire - Bank of America David Karnovsky - JPMorgan Steven Cahall - Wells Fargo Tim Nollen - Macquarie Cameron McVeigh - Morgan Stanley Julien Roch - Barclays Operator Good morning and welcom ...
Interpublic (IPG) Q2 Earnings Meet Estimates, Decline Y/Y
ZACKS· 2024-07-24 17:11
The Interpublic Group of Companies, Inc. (IPG) has reported mixed second-quarter 2024 results, wherein earnings met the Zacks Consensus Estimate, while revenues beat the same.IPG’s adjusted earnings (excluding 4 cents from non-recurring items) of 61 cents per share met the Zacks Consensus Estimate but decreased 17.6% on a year-over-year basis. Revenues before billable expenses (net revenues) of $2.3 billion surpassed the consensus estimate marginally but declined 12.7% year over year. Total revenues of $2.7 ...
Interpublic Group (IPG) Q2 Earnings Meet Estimates
ZACKS· 2024-07-24 13:10
Interpublic Group (IPG) came out with quarterly earnings of $0.61 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this marketing and advertising company would post earnings of $0.36 per share when it actually produced earnings of $0.36, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Interpublic, ...