Ipg announces fourth quarter and full year 2023 results

New york, ny, feb. 08, 2024 (globe newswire) -- fourth quarter total revenue, including billable expenses, was $3.0 billion revenue before billable expenses ("net revenue") was $2.6 billion, with organic growth of 1.7% diluted earnings per share of $1.21 as reported and $1.18 as adjusted full year total revenue. including billable expenses, was $10.9 billion revenue before billable expenses ("net revenue") was $9.4 billion, with organic decrease of 0.1% reported net income was $1.1 billion adjusted ebita before restructuring charges was $1.6 billion, with margin of 16.7% on revenue before billable expenses diluted earnings per share of $2.85 as reported and $2.99 as adjusted fy diluted eps as reported and adjusted include second-quarter tax benefit of $0.17 per share related to the conclusion of routine federal tax audits dividend & share repurchase board approves 6% dividend increase to $0.33 per share per quarter and additional share repurchase authorization of $320 million philippe krakowsky, ceo of ipg: “we are pleased to report growth in the fourth quarter ahead of expectations, during our seasonally largest quarter and across each of our segments.
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