The Interpublic Group of Companies, Inc. (IPG) Q4 2022 Earnings Call Transcript

The Interpublic Group of Companies, Inc. (NYSE:IPG) Q4 2022 Earnings Conference Call February 9, 2023 8:30 AM ET

Company Participants

Jerry Leshne - Senior Vice President-Investor Relations

Philippe Krakowsky - Chief Executive Officer

Ellen Johnson - Chief Financial Officer

Conference Call Participants

David Karnovsky - JPMorgan

Lina Ghayor - BNP Paribas

Steven Cahall - Wells Fargo

Michael Nathanson - MoffettNathanson

Tim Nollen - Macquarie

Jason Bazinet - Citi

Operator

Good morning, and welcome to the Interpublic Group Fourth Quarter and Full Year 2022 Conference Call. [Operator Instructions] This conference is being recorded. If you have any objections, you may disconnect at this time.

I would now like to introduce Mr. Jerry Leshne, Senior Vice President of Investor Relations. Sir, you may begin.

Jerry Leshne

Good morning. Thank you for joining us. This morning, we are joined by our CEO, Philippe Krakowsky and by Ellen Johnson, our CFO. We have posted our earnings release and our slide presentation on our website, interpublic.com. We will begin our call with prepared remarks to be followed by Q&A. We plan to conclude before market open at 9:30 Eastern time.

During this call, we will refer to certain non-GAAP measures. We believe that these measures provide useful supplemental data that, while not a substitute for GAAP measures, allow for greater transparency in the review of our financial and operational performance. We will also refer to forward-looking statements about our company. These are subject to the uncertainties and the cautionary statement that is included in our earnings release and the slide presentation and further detailed in our 10-Q and other filings with the SEC.

At this point, it is my pleasure to turn things over to Philippe Krakowsky.

Philippe Krakowsky

Thanks, Jerry, and thank you for joining us this morning. As usual, I'll start with a high-level view of our performance in the quarter and the full year and our outlook for the year ahead. Ellen will then provide additional detail, and I'll conclude with updates on key developments at our agencies to be followed by Q&A.

We're pleased to share another year of strong performance. Before turning to the numbers, I'd like to once again thank our more than 58,000 colleagues around the world whose dedication to our clients and one another are exceptional, along with our expertise spanning creative marketing services, technology and data management, that's what continues to be at the heart of our performance.