Stagwell (STGW) - 2024 Q2 - Quarterly Results
Stagwell (STGW)2024-08-01 11:49
` FOR IMMEDIATE ISSUE STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 Revenue Growth of 6%, Led by 42% Growth in Advocacy Net Loss Attributable to Stagwell Inc. Common Shareholders of $3 million Adjusted EBITDA of $86 million; Adjusted EBITDA Margin of 16% EPS of $(0.03); Adjusted EPS of $0.14 Announces Record Net New Business Led by Largest New Business Win Net New Business of $113 million in Q2; LTM Net New Business of $324 million Reaf irm Guidance for 2024 o ...