IPG Reports Net Loss in First Quarter

Revenue grew 2%

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Despite a revenue gain, Interpublic Group today reported a net loss for the first quarter of the year.

Historically, Q1 is a challenging quarter for the company, given that its revenue total is typically smaller than in other quarters and expenses remain consistent throughout the year, according to IPG.

In this year's first three months, the net loss totaled $45.9 million—a slight improvement from last year's Q1 net loss of $48.1 million.

The quarterly losses were much bigger in prior years. In

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