Stagwell

Stagwell, Inc. operates as media and public relations agency. It delivers brands that connect culture-moving creativity with technology to harmonize the art and science of marketing. It operates through the following segments: Integrated Agencies Network, Media Network, Communications Network, All Other, and Corporate. The Integrated Agencies Network segment engages in the organization of go-to-market and collaboration incentive purposes to facilitate integrated and flexible offerings for clients. The Media Network segment consists of a specialist network branded as Stagwell Media Network. The Communications Network segment focuses on a specialist network that provides advocacy, strategic corporate communications, investor relations, public relations, online fundraising and other services to both corporations and political and advocacy organizations and consists of Allison & Partners SKDK (including Sloane & Company), and Targeted Victory Agencies. The All Other segment consists of Stagwell Marketing Cloud products such as PRophet. The Corporate segment includes corporate office expenses. The company was founded in 2015 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Stagwell reports record revenue and strategic investments driving future growth

Stagwell's strong financial performance, strategic investments, and focus on technology underscore its growth trajectory and competitive edge in the marketing sector. With a clear roadmap for future growth, the company aims to exceed long-term growth targets and enhance shareholder value through prudent financial management.

Stagwell meets Q1 expectations, eyes growth amid sector challenges

Stagwell's Q1 performance was solid, meeting revenue expectations and exceeding EBITDA targets through strategic acquisitions and cost-saving measures.
The company's strengths lie in its innovative investments, market recognition, and client wins, positioning it for future growth and competitive advantage.
While facing challenges in sector-specific revenue declines and balancing growth with efficiency, Stagwell has opportunities to leverage client wins, technology investments, and strategic guidance for sustained success.

Stagwell reports resilient Q2 performance, eyes international growth opportunities

Stagwell's Q2 2023 performance showcased resilience and efficiency improvements despite a slight decline in net revenue, with a strong focus on cost optimization and growth strategies.
The company's international and new business segments exhibited promising growth, while cost-saving measures and synergies are enhancing overall financial health.
Challenges persist in revenue growth and market competition, necessitating continued strategic planning and adaptability to seize emerging opportunities.
Stagwell's outlook for the year remains positive, with a clear roadmap to achieve key financial targets and drive sustainable value creation for stakeholders.

Stagwell reports resilient Q3 performance amidst challenges, eyes digital growth

Stagwell's Q3 performance reflects resilience amid industry challenges, with a strong focus on revenue growth and cost efficiencies.
Strategic initiatives, confidence in digital transformation, and proactive portfolio management underscore a forward-looking approach to value creation.
While challenges persist, Stagwell's emphasis on innovation, growth opportunities, and financial discipline sets a positive trajectory for future success.

Stagwell reports robust Q4 earnings, projects growth and cost focus

Stagwell's Q4 2023 earnings call showcased strong financial performance, strategic moves, and cost management efforts. The company's focus on new business wins, partnerships, and technology development contributed to its success. Despite challenges, Stagwell remains optimistic about its growth prospects and outlined key initiatives for 2024.

Stagwell reports robust Q1 growth, eyes international expansion and digital

Stagwell's Q1 performance reflects strong revenue growth, margin improvement, and record net new business figures.
Strategic acquisitions and investments in digital capabilities position the company for international expansion and competitive advantage.
While facing challenges such as market uncertainties and debt reduction goals, Stagwell remains confident in achieving its full-year targets.
Opportunities lie in leveraging digital transformation, expanding international presence, and optimizing operational efficiencies for sustained growth.

Stagwell reports robust Q2 earnings, eyes growth in digital marketing

Stagwell's Q2 2024 earnings call showcased strong financial performance, strategic investments in technology and growth initiatives, and reaffirmed guidance for the full year. The company's emphasis on new business wins, digital transformation, and global expansion positions it for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK , Nov. 20, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has added Blue Horse (Malaysia) and DashDigital (South Africa) to its Global Affiliate Network to further its full-service and specialty digital solutions for clients worldwide. Through its Global Affiliate Program, Stagwell provides global full-service capabilities ensuring clients receive best-in-class service and solutions tailored to their priority markets.

Stagwell (STGW) Expands its Global Affiliate Network with the Additions of Blue Horse and DashDigital

Stagwell continues to demonstrate high single-digit growth, driven by strong new business wins and expanding digital transformation and marketing cloud segments. STGW's 3Q24 results showed 8.5% y/y net revenue growth, with significant contributions from Integrated Agencies, Brand Performance, and Communications Networks. Despite economic headwinds, STGW's robust client relationships and strategic acquisitions support a positive growth outlook, warranting a buy rating.

Stagwell: Solid Growth Story Remains Intact

NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards. Effective November 14, 2024, the Company granted a total of 55,406 restricted stock units to six new employees.

Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Survey fielded after the U.S. presidential election reveals 57% of U.S. adults say misinformation and "fake news" are key issues impacting trust in news media Notwithstanding, 71% of Americans believe companies should advertise in news media, viewing it as essential support for journalism WASHINGTON , Nov. 15, 2024 /PRNewswire/ -- 65% of Americans say advertising in news is important, though trust challenges remain, according to a survey Stagwell (NASDAQ: STGW) released on November 14 as part of its Future of News initiative. The post-election flash poll conducted by Stagwell and its research consultancy HarrisX, which surveyed 1,510 U.S. adults between November 11-12, reveals Americans' perspectives on the media landscape, factors influencing their trust in news media and public support for brand advertising in news.

Post-Election Survey from Stagwell (STGW) Reveals 80% of Americans Say News Media is a Powerful Medium for Reaching Consumers; Distrust in News Media Stems from Poor Separation Between News and Opinion-Based Content

Co-Founders Anthony and Swann will collaborate with Stagwell across the challenger network's events ecosystem NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today announced an expanded partnership with the global wine brand, VII(N) The Seventh Estate, co-founded by 10-time NBA All-Star and entrepreneur Carmelo Anthony and long-time business partner Asani Swann. This multi-pronged creative partnership builds upon the co-founders' existing relationship with Stagwell, which originated at Sport Beach 2023, the flagship sports business destination at the Cannes Lions International Festival of Creativity.

Stagwell (STGW) Ventures into Expanded Partnership with VII(N) The Seventh Estate, Global Wine Brand from Carmelo Anthony and Asani Swann

Stagwell Inc (NASDAQ:STGW ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Ben Allanson - Investor Relations Mark Penn - Chairman & Chief Executive Officer Frank Lanuto - Chief Financial Officer Ben Allanson Good morning from Stagwell's global headquarters in 1 World Trade Center, New York. Welcome to Stagwell Inc.'s earnings webcast for the third quarter of 2024.

Stagwell Inc (STGW) Q3 2024 Earnings Call Transcript

Stagwell (STGW) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.18 per share a year ago.

Stagwell (STGW) Q3 Earnings Lag Estimates

Q3 YoY Revenue Growth of 15%, With 25% Growth in Digital Transformation Q3 YoY Net Revenue Growth of 8%, Organic Net Revenue Growth of 8%, Digital Transformation Net Revenue Growth of 18% Q3 Net Income Attributable to Stagwell Inc. Common Shareholders of $3 million Q3 Adjusted EBITDA of $111 million; Adjusted EBITDA Margin of 19% Q3 EPS of $0.03; Adjusted EPS of $0.22 Seventh Consecutive Quarter of Record LTM Net New Business Net New Business of $101 million in Q3; LTM Net New Business of $345 million Reaffirm Guidance for 2024 of Organic Net Revenue Growth of 5% to 7%; Adjusted EBITDA of $400 million to $450 million; Free Cash Flow Conversion of ~50% Company Announces $125 Million Increase in Stock Repurchase Program NEW YORK , Nov. 7, 2024  /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. ("Stagwell") today announced financial results for the three and nine months ended September 30, 2024. THIRD QUARTER RESULTS: Q3 Revenue of $711 million, an increase of 15% versus the prior year period; YTD Revenue of $2.1 billion, an increase of 10% versus the prior year period Q3 Net Revenue of $580 million, an increase of 8% versus the prior year period; YTD Net Revenue of $1.7 billion, an increase of 4% versus the prior year period Q3 Organic Net Revenue increased 8% versus the prior year period; YTD Organic Net Revenue increased 4% versus the prior year period Q3 Net Income attributable to Stagwell Inc. Common Shareholders of $3 million versus $1 million in the prior year period; YTD Net Loss attributable to Stagwell Inc. Common Shareholders of $1 million versus $1 million in the prior year period Q3 Adjusted EBITDA of $111 million, an increase of 9% versus the prior year period; YTD Adjusted EBITDA of $288 million, an increase of 8% versus the prior year period Q3 Adjusted EBITDA Margin of 19% on net revenue; YTD Adjusted EBITDA Margin of 17% on net revenue Q3 Earnings Per Share Attributable to Stagwell Inc. Common Shareholders of $0.03 versus $0.00 in the prior year period; YTD Earnings Per Share Attributable to Stagwell Inc. Common Shareholders of $(0.01) versus $(0.01) in the prior year period Q3 Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0.22 versus $0.18 in the prior year period; YTD Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0.52 versus $0.45 in the prior year period Net new business of $101 million in the third quarter, last twelve-month net new business of $345 million   See "Non-GAAP Financial Measures" below for explanations and reconciliations of the Company's non-GAAP financial measures.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024

WASHINGTON , Nov. 5, 2024 /PRNewswire/ -- To transform how the government interacts with the public at large, Code and Theory, a Stagwell (STGW) agency, has launched its Government Experience Practice (GX). The technology and creative network has spent two decades transforming a diverse range of industries.

To Modernize Government Services, Code and Theory Launches the Government Experience Practice (GX)

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, today announced its participation in several upcoming investor conferences throughout November 2024.  November 14: Truist Securities Virtual Internet Growth Summit – Management will participate in a small group virtual meeting at 3pm ET.

Stagwell (STGW) Announces November Investor Conference Schedule

Building on its history of publishing firsts, the ContextLens debuts on RealClearPolling NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Polling data is often difficult to understand in isolation. Digging deeper into the numbers tells a more complete story and provides the necessary context to understand the significant trends.

Code and Theory Introduces the ContextLens: The First AI-Driven Anticipatory Graphic Design System for Publishers

NEW YORK and RIYADH, Saudi Arabia , Oct. 30, 2024 /PRNewswire/ -- Today, global creative agency Forsman & Bodenfors officially launched its presence in MENA, furthering the challenger network Stagwell's (NASDAQ: STGW) foothold across the region. Today, Forsman & Bodenfors officially launched its presence in MENA, furthering Stagwell's foothold across the region.

Forsman & Bodenfors Opens Office in MENA, Another Sign of Stagwell's (STGW) Growth in the Region

NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has added Free Practice (Spain), keelbone (United States) and SponsorForce (Japan) to its Global Affiliate Network to bolster full-service and specialty digital solutions for clients worldwide. Through its Global Affiliate Program, Stagwell provides full-service capabilities worldwide ensuring clients receive best-in-class service and solutions tailored to their priority markets.

Stagwell (STGW) Expands its Global Affiliate Network with the Additions of Free Practice, Keelbone and SponsorForce

SAN FRANCISCO--(BUSINESS WIRE)--In a groundbreaking partnership, Allison was named the public relations agency of record (AOR) for EBONY, the iconic Black-owned media company and leading platform showcasing Black excellence and culture in America and around the globe for eight decades. This marks the first time in EBONY's 80-year history it has engaged an external public relations agency. The collaboration between EBONY and Allison is a strategic move to amplify the publication's powerful and i.

EBONY Partners with Allison in Historic First

New AI-Powered Solutions Aim to Protect Brands and Predict an Influencer's Commercial Impact  NEW YORK and ANAHEIM, Calif. , Oct. 16, 2024 /PRNewswire/ --  PRophet , an award-winning suite of essential, AI-powered Comms Tech tools, today announced at the Public Relations Society of America's (PRSA)  ICON 2024 annual conference the launch of two new products on InfluencerMarketing.ai  (IMAI), the leading AI platform for performance-driven influencer marketing.

PRophet, a Stagwell (STGW) Company, Releases New InfluencerMarketing.ai Products that Enhance Brand Safety and Performance Measurement

Women's Hockey League Claims Top Spot; Inflation Worsens Public Perception of Companies TORONTO , Oct. 16, 2024 /PRNewswire/ -- The Harris Poll, a Stagwell (NASDAQ: STGW) agency, today released the findings of the first-ever Canadian edition of its highly regarded Corporate Reputation Quotient® (RQ®) study as part of its official launch in Canada. The Harris Poll Canada 50 in partnership with Canadian Business is based on over 5,500 interviews, offering a comprehensive ranking of how the "most visible" companies in Canada are perceived by the public across key metrics including trust, ethics, vision, and products.

HARRIS POLL LAUNCHES IN CANADA WITH INAUGURAL 'TOP 50' REPUTATION QUOTIENT RANKING IN PARTNERSHIP WITH CANADIAN BUSINESS MAGAZINE

NEW YORK , Oct. 10, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, will report financial results for the three months ended September 30, 2024, on Thursday, November 7, 2024, before market open. Stagwell will host a video webcast to review those results the same day at 8:30 AM (ET).

Stagwell (STGW) Schedules Webcast to Discuss Financial Results for the Three Months Ended September 30, 2024

Adobe

Stagwell and Adobe to build a modern marketing partnership with expanded Global wins, while launching a three-year innovative joint go-to-market business partnership leveraging each company's unique offerings Stagwell's agencies 72andSunny, Code and Theory, Locaria, Movers+Shakers, National Research Group and more to collaborate for Adobe at a global scale NEW YORK , Oct. 1, 2024 /PRNewswire/ -- Adobe (NASDAQ: ADBE) today appointed Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, as its global lead for creative campaigns and social content for its Digital Media (DMe) business. Leveraging the integrated strengths of five agencies across the network from upstream research and insights to global strategy and creative, Stagwell proudly takes on the global remit to deliver impactful solutions for Adobe and global creators.

Stagwell Named Global Lead for Creative Campaigns and Social Content at Adobe

Stagwell (STGW) releases second installation of News Advertising Study, this time fielded among more than 20,000 British adults 76% of the British population follows the news closely or very closely, including 25% who check the news an average of four times per day, revealing massive opportunity for advertisers LONDON , Sept. 26, 2024 /PRNewswire/ -- New research from Stagwell (NASDAQ: STGW) reveals a significant opportunity for brands to reach a valuable yet often overlooked audience: dedicated news followers.

U.S. and U.K. Respondents Agree: Brands Can and Should Safely Advertise Alongside Quality News

As Titanium Sponsor, PRophet to Showcase the Future of AI in PR and Communications with Expert Sessions and In-Depth Demos NEW YORK and ANAHIEM, Calif., Sept. 19, 2024 /PRNewswire/ -- Stagwell Marketing Cloud's (STGW) PRophet, award-winning suite of essential, AI-powered Comms Tech tools purpose-built to empower communicators that span earned media, influencer engagement and brand monitoring offerings, today announced its presence and deep dive sessions on leveraging AI for modern communications and marketing professionals at Public Relations Society of America's (PRSA) ICON 2024 conference on October 15-17 in Anaheim, California.

Predict What's Possible: PRophet, a Stagwell (STGW) Company, Leads Discussions on AI at PRSA ICON 2024

Summit to Convene Prominent U.K. Journalists and Industry Leaders, including Kamal Ahmed, Joanna Gosling, Sam McAlister and more Stagwell to Unveil a New U.K. Version of the News Advertising Study, Highlight the Power of the News Audience and Debunk Common Brand Safety Misconceptions LONDON , Sept. 18, 2024 /PRNewswire/ --  Stagwell  (NASDAQ: STGW) today announced the speakers for its London Future of News summit coming up on September 26, 2024, at Stagwell's EMEA headquarters in London's Blue Fin Building.

Stagwell Expands 'Future of News' Initiative to the U.K. with a September 26 Summit at its EMEA Headquarters

NEW YORK , Sept. 18, 2024 /PRNewswire/ -- Stagwell (NASDAW: STGW), the challenger network built to transform marketing, has appointed Sunil John as Senior Advisor, Stagwell MENA.

Stagwell (STGW) Appoints Sunil John as Senior Advisor, MENA, to Spearhead Regional Growth

NEW YORK , Sept. 17, 2024 /PRNewswire/ -- A survey of older adults in the United States reveals wide-ranging dissatisfaction with health care and related services that don't reflect and respond to how people want to live as they age.

WARNING FROM OLDER ADULTS: CARE FOR AGING IN AMERICA NEEDS URGENT RETHINKING

ARound's Stadium-Level Technology Transforms the Fan Experience for Sports Teams, Audiences, and Brands MINNEAPOLIS , Aug. 26, 2024 /PRNewswire/ -- ARound, the leader in large-scale augmented reality (AR) experiences that is part of Stagwell (NASDAQ: STGW), today launched a groundbreaking in-stadium AR experience for Minnesota United FC in partnership with Target. This marks the first integration of stadium AR technology into an MLS pregame celebration, setting a new standard for fan engagement at Allianz Field.

ARound, Minnesota United FC, and Target Unveil First-Ever In-Stadium AR Experience in Major League Soccer

Management to appear at events hosted by Citi, Benchmark, Goldman Sachs, B. Riley and Deutsche Bank NEW YORK , Aug. 22, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, today announced its participation in several investor conferences throughout September 2024.

News for Stagwell Stock (STGW)