IPG(IPG) - 2024 Q3 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE New York, NY (October 22, 2024) Interpublic Announces Third Quarter and First Nine Months 2024 Results • Total revenue including billable expenses was $2.63 billion • Revenue before billable expenses ("net revenue") was $2.24 billion, with organic revenue unchanged from the third quarter of 2023 • Non-cash goodwill impairment expense of $232.1 million, related to digital specialist agencies and the sale process for R/GA and Huge • Reported net income was $20.1 million • Ad ...