Interpublic announces third quarter and first nine months 2023 results

New york, ny, oct. 20, 2023 (globe newswire) -- total revenue, including billable expenses, was $2.68 billion revenue before billable expenses ("net revenue") was $2.31 billion, an increase of 0.6%, with organic decrease of 0.4% reported net income was $245.7 million adjusted ebita before restructuring charges was $397.2 million margin of adjusted ebita before restructuring charges was 17.2% on revenue before billable expenses diluted earnings per share was $0.63 as reported and $0.70 as adjusted philippe krakowsky, ceo of ipg: “during the third quarter, revenue performance did not measure up to expectations, yet we continued to demonstrate disciplined management of the business and to see positive contributions to growth from our media offerings, the health care sector, sports and experiential marketing, and public relations. “factors that we have identified since the early part of the year continued to weigh on our growth in the quarter.
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