The Interpublic Group of Companies, Inc. Presents at Barclays Global Technology, Media and Telecommunications Conference, May-22-2013 10:55 AM. Venue: Crowne Plaza Times Square, 1605 Broadway (at 49th Street), New York, New York, United States. Speakers: Frank Mergenthaler, Chief Financial Officer and Executive Vice President.

The Interpublic Group of Companies, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported operating loss was $42.4 million against $39.4 million a year ago. Loss before income taxes was $71.0 million against $65.3 million a year ago. Net loss attributable to IPG was $56.3 million against $43.0 million a year ago. Net loss available to IPG common stockholders was $59.2 million or $0.14 basic and diluted per share against $45.9 million or $0.10 basic and diluted per share a year ago. Total revenues were $1.54 billion in the first quarter of 2013 increased 2.4% compared with the same period in 2012. During the quarter, the effect of foreign currency translation was negative 0.8%, the impact of net acquisitions was positive 0.9%, and the resulting organic revenue increase was 2.3%. Cash used in operations was $775 million, compared with the use of $498 million a year ago. The company used $51 million for acquisitions and cap-ex.

The Interpublic Group of Companies, Inc., Q1 2013 Earnings Call, Apr 19, 2013