The Interpublic Group of Companies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 21, 2021 at 07:00 am EDT
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The Interpublic Group of Companies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 2,261.7 million compared to USD 1,954.6 million a year ago. Revenue was USD 2,542 million compared to USD 2,125.5 million a year ago. Net income was USD 239.9 million compared to USD 279.7 million a year ago. Basic earnings per share from continuing operations was USD 0.61 compared to USD 0.72 a year ago. Diluted earnings per share from continuing operations was USD 0.6 compared to USD 0.71 a year ago.
For the nine months, sales was USD 6,559 million compared to USD 5,780.1 million a year ago. Revenue was USD 7,308.6 million compared to USD 6,511 million a year ago. Net income was USD 594.9 million compared to USD 238.8 million a year ago. Basic earnings per share from continuing operations was USD 1.51 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 1.49 compared to USD 0.61 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. 
