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IPG CEO Michael Roth struck a somewhat optimistic tone during the holding company’s first quarter earnings call, despite acknowledging that the next quarter will be “very difficult” due to the business impact of Covid-19.
The company’s organic net revenue grew 0.3% during the first quarter of 2020, compared with 6.4% growth during the same period last year. The holding company’s net revenue came in at $1.97 billion, a 1.6% decrease compared to the first quarter of 2019, but beat analysts’ estimates of $1.91
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