Interpublic (IPG) Gains From Buyouts, Client Concentration

The Interpublic Group’s (IPG) strategy to acquire diverse talents strengthens its presence in the international markets. The company’s acquisition strategy enables it to cope with the dynamic marketing services and media prospects.IPG has reported mixed first-quarter 2024 results. Adjusted earnings (excluding 7 cents from non-recurring items) of 36 cents per share met the Zacks Consensus Estimate but decreased 5.3% on a year-over-year basis. Revenues before billable expenses (net revenues) of $2.2 billion s ...