Lindsay Stein
Apr 29, 2019

IPG records 8.9% growth in total revenue

Group CEO Michael Roth cites importance of agency brands to the company's results.

Michael Roth

In the first quarter of 2019, IPG reported 6.4% organic net revenue growth to $2 billion. The US saw a net organic increase of 5.7%, while international growth was up 7.7%. Total revenue of $2.36 billion in the first quarter of 2019 jumped 8.9%, year-over-year. The company saw a net loss of $9.5 million compared to a net loss of $16.1 million in Q1 of 2018.

The total growth of net revenue was 13% for...

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