MARLBOROUGH, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that it has sold its entire interest in its Russian subsidiary, IRE-Polus. The purchaser is a group led by Softline Projects LLC and current management of IRE-Polus. The sale marks the finalization of IPG’s exit from all facilities in Russia, following imposed sanctions on trade after the start of the war with Ukraine. The proceeds from the transaction are $51 million before advisory and other fees ...

New York, NY, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today the launch of Mediabrands Health, a Center of Excellence (COE) that sits within IPG Mediabrands. Building on the company’s leading healthcare offerings at IPG Health and within IPG Mediabrands, this new specialism further strengthens Interpublic’s integrated healthcare offering by providing scaled, global media services through Mediabrands Health.  “Our clients in the healthcare space have experienced first-hand th ...

New York, NY, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) senior management will present at the BofA Securities Media, Communications & Entertainment Conference on Wednesday, September 4th, 2024, at 4:30 pm Eastern time, as scheduled. A link to the live webcast will be posted on the day of the conference on the Investor Relations section of Interpublic's website (http://investors.interpublic.com) where it will remain available for replay for 30 days. # # # About InterpublicInterpublic (N ...

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 ...

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 ...

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 ...

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 ...

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 ...

Jerry Leshne Senior Vice President, Investor Relations ANALYST PARTICIPANTS Adrien de Saint Hilaire BofA Securities On July 24, 2024, The Interpublic Group of Companies, Inc. held a conference call to discuss its second-quarter and first-half 2024 results. CALL PARTICIPANTS IPG PARTICIPANTS Philippe Krakowsky Chief Executive Officer Ellen Johnson Executive Vice President, Chief Financial Officer David Karnovsky J.P.Morgan Steven Cahall Wells Fargo Equity Research Tim Nollen Macquarie Equity Research Cameron ...

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) (State or other jurisdiction of incorporation or organization) Delaware 13- ...