April 22 Advertising company Interpublic Group of Cos reported a 6 percent rise in quarterly revenue and a smaller loss, helped by higher spending in the United States.
Interpublic, whose agencies include McCann Erickson and Draftfcb, said revenue rose to $1.64 billion in the first quarter from $1.54 billion a year earlier.
U.S. revenue rose about 5 percent in the quarter ended March 31.
The net loss attributable to the company narrowed to $20.9 million, or 5 cents per share, from $56.3 million, or 14 cents per share, a year earlier. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Sriraj Kalluvila)