DOW JONES NEWSWIRES

Interpublic Group of Cos (NYSE:IPG) . (IPG) said its first-quarter net loss narrowed to $ 62.8 million, or 15 cents a share, from $125.9 million, or 29 cents, a year earlier.

The New York advertising and marketing company said revenue rose to $1.49 billion from $1.36 billion, helped by foreign currency fluctuations and acquisitions.

On average, analysts polled by Thomson Reuters expected a per-share loss of 16 cents on revenue of $1.44 billion.

Interpublic said it remains on track to meet its 2008 financial objectives.

-Shara Tibken; 201-938-5400; AskNewswires@dowjones.com

    (END) Dow Jones Newswires   04-30-08 0837   Copyright (c) 2008 Dow Jones & Company, Inc.