The Interpublic Group of Companies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 21, 2022 at 07:00 am EDT
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The Interpublic Group of Companies, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 2,375.5 million compared to USD 2,269.6 million a year ago. Revenue was USD 2,735.7 million compared to USD 2,509.6 million a year ago. Net income was USD 229.6 million compared to USD 263.3 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.67 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.66 a year ago.
For the six months, sales was USD 4,602.7 million compared to USD 4,297.3 million a year ago. Revenue was USD 5,304.2 million compared to USD 4,766.6 million a year ago. Net income was USD 389 million compared to USD 355 million a year ago. Basic earnings per share from continuing operations was USD 0.99 compared to USD 0.9 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to USD 0.89 a year ago.
The Interpublic Group of Companies, Inc. is a world leader in publicity and marketing services. The group designs and executes publicity campaigns and supplies consulting, media space purchasing, strategic planning, direct marketing, public relations, institutional communication, and other services. Net sales break down by activity network as follows:
- integrated agency network (85.8%): Draftfcb, Lowe, McCann, Campbell-Ewald, Hill Holliday, etc.;
- specialized agency network (14.2%): primarily Weber Shandwick, FutureBrand, DeVries, GolinHarris, Jack Morton and Octagon Worldwide.
Net sales break down geographically as follows: the United States (64.6%), the United Kingdom (8.2%), Europe (8.5%), Asia-Pacific (8.8%), Latin America (4%) and other (5.9%).
THE INTERPUBLIC GROUP OF COMPANIES, INC. 
