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BOSTON Interpublic Group today reported first-quarter revenue of $1.36 billion, up about 2.5 percent from $1.33 billion in the same period a year ago.
On an organic basis, factoring out currency fluctuations and the impact of acquisitions, revenue rose 1.6 percent.
IPG’s net loss for the quarter was just shy of $133 million (or 29 cents a share), compared to a net loss of $182 million (or 43 cents a share) in Q1 2006.
Despite the improvement, the Q1 loss was still greater than some analysts had anticipated.
The
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