The Latest Breaking News from Interpublic

The Interpublic Group of Companies has significantly underperformed the broader market over the past decade, yet analysts are turning optimistic about the stock’s prospects.

Just five companies are set to grab more than half of global advertising revenue. The rise of Big Tech is seen behind a big ad agency merger.

Shares of The Interpublic Group of Companies, Inc. (NYSE:IPG) rose sharply in today's pre-market.

Interpublic Group of Companies has underperformed the communication services sector over the past year, and analysts remain cautious about the stock’s prospects.

Interpublic Group is expected to release its second-quarter earnings this month, and analysts project a double-digit profit dip.

Interpublic Group Of Companies Inc (NYSE:IPG) reported first-quarter FY22 total revenue growth of 13.8% year-on-year to $2.57 billion and net revenue growth of 9.8% to $2.23 billion, beating the consensus of $2.17 billion. Selling, administrative, and engineering expenses were $19.3 million versus $28.2 million last year. Operating income for the quarter rose 1.1%…

The Interpublic Group of Companies Inc (NYSE:IPG) reported fourth-quarter FY21 net revenue growth of 11.6% year-on-year, to $2.55 billion, beating the consensus of $2.51 billion. Total revenue, including billable expenses, summed $2.93 billion, against $2.55 billion last year. Organic net revenue growth was 11.7% versus last year. Organic net revenue increased 12.1% in…