Interpublic: 4Q Earnings Snapshot
NEW YORK (AP) _ Interpublic Group of Cos. (IPG) on Wednesday reported fourth-quarter net income of $328.9 million.
The New York-based company said it had profit of 84 cents per share. Earnings, adjusted for one-time gains and costs, came to 88 cents per share.
The marketing and advertising company posted revenue of $2.9 billion in the period. Its adjusted revenue was $2.43 billion.
For the year, the company reported profit of $656 million, or $1.68 per share. Revenue was reported as $8.63 billion.
Interpublic shares have risen nearly 1% since the beginning of the year, while the Standard & Poor’s 500 index has risen nearly 4%. The stock has increased nearly 7% in the last 12 months.