The news: WPP experienced another disappointing quarter, with Q1 revenues falling 5% YoY, hitting £3.2 billion ($4.2 billion), the company announced.

By the numbers:

• WPP saw a 2.7% dip in Q4 revenues less pass-through costs, reaching £2.48 billion ($3.3 billion), below analyst expectations.
• The company experienced a 17.4% decline in China; a 4.5% decline in takings in Western Continental Europe; a 5.5% decline in the UK; and a 5.5% increase in India.