WASHINGTON (dpa-AFX) - Interpublic Group of Companies Inc. (IPG) reported that its first quarter net loss available to common stockholders was $45.9 million or $0.10 per share, compared to a net loss of $48.1 million or $0.10 per share in the same quarter last year.
First quarter 2012 revenue was $1.51 billion, compared to $1.47 billion in the first quarter of 2011, with an organic revenue increase of 2.8% compared to the prior-year period.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.10 per share on revenues of $1.50 billion for the quarter. Analysts' estimates typically exclude special items.
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