4 Articles
4 Articles
IPG Q1 revenue declines amid restructuring and Omnicom merger preparations
New Delhi: Interpublic Group (IPG) reported an 8.5% year-over-year decline in net revenue to $2 billion, down from $2.18 billion in Q1 2024. The company cited significant client losses from 2024 and ongoing restructuring efforts ahead of its anticipated merger with Omnicom Group as key factors impacting performance. Total revenue, including billable expenses, reached $2.32 billion, a 6.9% decrease from the prior year. IPG reported a net loss o…
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