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Ad company Interpublic's quarterly revenue rises marginally

April 21 Interpublic Group of Cos reported a marginal rise in quarterly revenue as the advertising company's sales in the United States grew despite a tough economic environment.

The company's net income available to shareholders rose to $21.5 million, or 5 cents per share, in the first quarter ended March 31, from $5.4 million, or 1 cent per share, a year earlier.

Net revenue rose for the fifth straight quarter to $1.75 billion from $1.74 billion. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Maju Samuel)

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