First Quarter 2023 Earnings Conference Call slide image

First Quarter 2023 Earnings Conference Call

Adjusted Diluted Earnings Per Share Operating Income and Adjusted EBITA before Restructuring Charges (2) Total (Expenses) and Other Income (3) Income Before Income Taxes Provision for Income Taxes Effective Tax Rate Equity in Net Loss of Unconsolidated Affiliates Net Income Attributable to Non-controlling Interests DILUTED EPS COMPONENTS: Net Income Available to IPG Common Stockholders Weighted-Average Number of Common Shares Outstanding Earnings per Share Available to IPG Common Stockholders (4) $ $ $ As Reported 188.3 (22.3) 166.0 33.8 20.4 % (0.1) (6.1) 126.0 387.4 0.33 Amortization of Acquired Intangibles $ $ Three Months Ended March 31, 2023 $ (20.9) (20.9) 4.2 (16.7) (1) Restructuring charges of $1.6 in the first quarter of 2023 represent adjustments to our restructuring actions taken in Q4 2022, as well as adjustments to the actions taken in 2020. (2) Refer to non-GAAP reconciliation of Adjusted EBITA before Restructuring Charges on page 16. (3) Consists of non-operating expenses including interest expense, interest income, and other expense, net. (4) Earnings per share amounts calculated on an unrounded basis. See full non-GAAP reconciliation of adjusted diluted earnings per share on page 15. ($ in Millions, pt per share amounts) $ $ (0.04) $ Restructuring Charges (1) (1.6) (1.6) 0.3 A (1.3) $ (0.00) $ Net Losses on Sales of Businesses (4.2) (4.2) 1.3 Adjusted Results (Non-GAAP) $ (2.9) $ (0.01) $ Interpublic Group of Companies, Inc. 210.8 (18.1) 192.7 39.6 20.6 % (0.1) (6.1) 146.9 387.4 0.38 7 IFG
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