IPG Suffers $182 Mil. Loss

How can you keep pace with an accelerating marketing ecosystem? Join us at Brandweek Sept. 12–16 in Miami alongside leading CMOs, founders and change makers from GatoradeMarriottAlo YogaCampbell'sUncommon James and more. Book now.

NEW YORK Interpublic Group today reported a $182.1 million net loss for the first quarter of 2006—compared to a $151.4 million loss in the same period last year—on flat revenue of $1.33 billion.

IPG attributed the loss in part to the rising cost of professional fees and salaries. (Professional fees, for example, totaled $90.7

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in