Stagwell (STGW)

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Stagwell (STGW) to Host Virtual Fireside Chat at Rosenblatt 4th Annual Technology Summit on AI
Prnewswire· 2024-08-16 19:18
NEW YORK, Aug. 16, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, will host a virtual fireside chat at the Rosenblatt Securities 4th Annual Technology Summit on August 20, 2024. The session will feature Mark Penn, Chairman and CEO, discussing the impact of AI on marketing innovation, as well as product development within the company's AI-enabled Stagwell Marketing Cloud. Management will be available for 1x1 meetings with investors upon request. Visit ...
Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Prnewswire· 2024-08-09 20:30
NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards. Effective August 8, 2024, the Company granted a total of 92,719 restricted stock units to six new employees. Each restricted stock unit represents the right to receive one share of the Company's Class A common stock. The restricted stock units will vest in two installments, with one-third vesting on the second anniversary of the grant date and two-thirds vesting on the third anniversar ...
Stagwell Inc: Organic Growth Expected To Accelerate In 2H24
Seeking Alpha· 2024-08-06 15:29
We Are Summary I am positive on Stagwell Inc. (NASDAQ:STGW). My summarized thesis is that organic growth is set to accelerate in 2H24 and sustain at a high single-digit level through FY26. There are multiple growth drivers in place, such as an expected improvement in the macro backdrop, growing net new business wins with multiple contracts expected to generate revenue in 2H24, and growing AI-related deals that STGW is well-prepared for. Also, I expect adj. EBITDA margin to expand when organic growth acceler ...
Stagwell (STGW) Furthers MENA Expansion with Agreement to Acquire Consulum, a Leading Pan-MENA Government Advisory Consultancy
Prnewswire· 2024-08-06 10:03
NEW YORK and RIYADH, Saudi Arabia, Aug. 6, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced it has entered into an agreement to acquire Consulum, a leading pan-MENA government advisory consultancy. The acquisition — Stagwell's second in MENA in 2024 — establishes a robust foothold for Stagwell in the Middle East, enriched by Consulum's tested expertise in strategic communications, public policy, leadership support, and diplomatic outcomes. Fo ...
Stagwell (STGW) - 2024 Q2 - Earnings Call Presentation
2024-08-04 05:50
STAGWELL TRANSFORMING MARKETING Second Quarter 2024 EARNINGS PRESENTATION August 1 | 2024 FORWARD LOOKING STATEMENTS & OTHER INFORMATION This document contains forward-looking statements. within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company's representatives may also make forward-looking statements orally or in writing from time to time. Statements in this docum ...
ASSEMBLY APPOINTED BY TECH UNICORN PIPEDRIVE AS GLOBAL MEDIA PARTNER
Prnewswire· 2024-08-02 08:00
Enhancing the effectiveness of Pipedrive's performance media efforts was at the heart of the brief. Assembly developed an integrated approach that empowers Pipedrive to supercharge its marketing and media effectiveness through innovative data utilisation and digital transformation, as it continues its mission to be the leading AI sales CRM for small businesses. Assembly is committed to supporting Pipedrive's mission of helping more small businesses grow around the world. Dominic Allon, CEO of Pipedrive, sai ...
Stagwell (STGW) Q2 Earnings Miss Estimates
ZACKS· 2024-08-01 13:15
Stagwell (STGW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -17.65%. A quarter ago, it was expected that this marketing communications company would post earnings of $0.16 per share when it actually produced earnings of $0.16, delivering no surprise. Over the last four quarters, t ...
JULY HARVARD CAPS / HARRIS POLL: HARRIS RESETS RACE TO PRE-DEBATE LEVELS FOLLOWING HER ENTRANCE; TRUMP HOLDS LEAD
Prnewswire· 2024-07-30 12:45
KAMALA HARRIS ENJOYS A 9 POINT JUMP IN FAVORABILITY FOLLOWING HER ANOINTMENT AS THE FRONTRUNNER DEMOCRATIC CANDIDATE Both Trump and Harris have benefited from a jump in favorability due to these events, now tied at 48% and 47% favorability, respectively. Nevertheless, with 24% of voters saying they could change their mind, the matchup is highly competitive. HARRIS RE-ENERGIZES DEMOCRATS Biden's approval rating remains low at 42%, up 2 points from June. 54% of voters say they approve of the job Trump did as ...
Stagwell (STGW) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-25 15:07
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This marketing communications company is expected to post quarterly earnings of $0.17 per share in its upcoming report, which represents a year-over-year change of +6.3%. Investors should keep in mind that the direction of estimate revision ...
Yamamoto Celebrates 45 Years of Moving Mountains for Clients
Prnewswire· 2024-07-25 15:03
A Stagwell (STGW) Company "The goal of the creative department is to make our clients proud and make their competitors jealous." "As we reflect on Yamamoto's 45-year history, we're grateful for the groundwork laid by Seitz, Yamamoto and Moss," said Kathy McCuskey, CEO of Yamamoto. "We're a curious, creative and courageous group, proud to be carrying forward such a powerful creative legacy. Yamamoto wouldn't be what it is today without the foundation of their talent and visionary leadership. We look forward ...