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 ...

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 ...

Financial Performance - Stagwell's net revenue for the second quarter of 2024 was $554 million, a 1.7% increase compared to $544.9 million in the same period of 2023[13, 16] - Adjusted EBITDA for Q2 2024 was $86 million, compared to $91.2 million in Q2 2023, representing a 5.6% decrease[13, 15] - Net new business wins reached $113 million in Q2 2024, bringing the last twelve months (LTM) total to $324 million[13] - The company is reiterating its full-year 2024 outlook, including organic net revenue growth of 5% to 7% and adjusted EBITDA between $400 million and $450 million[12] Revenue Growth by Capability - Stagwell Marketing Cloud Group experienced a net revenue growth of 7.8% in Q2 2024, with organic net revenue growth of 8.5%[22] - Performance Media & Data saw a net revenue growth of 5.7% in Q2 2024, with organic net revenue growth of 5.5%[22] - Creativity & Communications experienced a net revenue growth of 0.2% in Q2 2024, with organic net revenue growth of 0.1%[22] Geographic Performance - The United States showed an organic revenue growth of 2.4% in Q2 2024[18] - The United Kingdom experienced an organic revenue decline of 6.5% in Q2 2024[18] Strategic Initiatives - Stagwell closed three acquisitions in Q2 2024 to expand global reach and digital capabilities[13] - The company launched AI-powered features with Google Cloud across four of its digital marketing products[13] - Deferred Acquisition Costs (DAC) reduced by $43 million from Q1 2023 quarter-end balance[32]

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) 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 ...

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 ...

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 ...

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 ...

Core Insights - Stagwell has acquired Tel Aviv-based LEADERS, enhancing its global influencer marketing capabilities and integrating LEADERS' SaaS platform, InfluencerMarketing.AI, into its offerings [1][2][7] - This acquisition marks Stagwell's first agency in Israel and is part of a broader global expansion strategy, being the seventh acquisition in 2024 [2][8] Company Overview - Stagwell is a challenger network focused on transforming marketing through technology, with a suite of AI-powered solutions under the Stagwell Marketing Cloud [1][3] - LEADERS, established in 2017, specializes in influencer marketing and aims to redefine the landscape of digital marketing through its innovative strategies and services [5][8] - InfluencerMarketing.AI, founded in 2020, connects brands with over 300 million creators globally, providing analytics and management tools to optimize influencer marketing campaigns [6][8] Leadership and Integration - Eran Nizri will continue as Group CEO of LEADERS, reporting to Aaron Kwittken, the Founder and CEO of Stagwell Marketing Cloud's PRophet Comms Tech Suite [10] - The integration of LEADERS and its capabilities into Stagwell's existing Comms Tech Unit is expected to enhance the overall service offerings and expand global reach [9][10] Technological Advancements - Stagwell Marketing Cloud leverages advanced technologies such as generative AI, machine learning, and augmented reality to empower marketers [3] - PRophet, part of Stagwell's offerings, provides AI-powered tools for PR and marketing professionals, including solutions for content creation, influencer management, and media monitoring [4][9]

Core Insights - The acquisition of BERA by Harris Quest enhances predictive brand analytics and enables data-driven decision-making for clients globally [1][17][10] - BERA's AI-driven insights will complement Harris Quest's existing tools, improving brand performance forecasting and audience targeting [2][15] Company Overview - The Harris Poll is a global public opinion and market research consultancy with over 60 years of experience, offering services across more than 90 countries [6] - Stagwell, the parent company of Harris Poll, focuses on transforming marketing through data-driven solutions and innovative technology [8][7] Strategic Implications - The integration of BERA's technology into Harris Quest is expected to provide faster and more accurate insights, enhancing the effectiveness of marketing strategies [10][18] - This acquisition signifies Stagwell's commitment to advancing market research and brand management capabilities [5][17]