Hasta La Creative!

Ad holding company Interpublic Group said revenue rose 6.1% in the first quarter of the year from the quarter a year earlier and reported a smaller operating loss than a year ago.

First quarter revenue was $1.64 billion, compared to $1.54 billion in the same period last year, according to the company, which owns agencies including FCB and McCann and is the fourth-largest agency holding company by revenue, following WPP, Publicis Groupe and Omnicom Group.

IPG reported a net loss of $20.9 million in the first quarter, an improvement from a net loss of $59.2 million in the first quarter of 2013. Its U.S. revenue increased 5% to $939 million, while international revenue grew 7.7% to $698.5 million. Organic revenue, excluding effects from events such as acquisitions, grew 6.6%, the company said.

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