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.

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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.

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NEW YORK, Jan. 31, 2022 /PRNewswire/ -- Today, Stagwell's (NASDAQ: STGW) PRophet, the first-ever A.I.-driven data-as-a-service (DaaS) platform that predicts earned media interest, sentiment and spread before a story is pitched, released a pay-as-you-go subscription option, providing new individual users immediate access to the platform without hassle and delays of traditional, lengthy corporate purchasing processes.

PRophet, a Stagwell (STGW) Product, Introduces Pay-As-You-Go Subscription for Individual Users and a Venmo Payment Option

NEW YORK, Jan. 19, 2022 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc., the challenger network built to transform marketing, today announced the combination of Stagwell Media Network agencies MMI and Media Kitchen under the MMI brand. The announcement comes on the heels of MMI's continued year-over-year growth for the past five years, expansion of its partnership with a leading CPG manufacturer, and further diversification of its Amazon work.

Stagwell (STGW) Enhances Brand Performance Offering with Combination of Leading Media Innovation Agencies, MMI Agency and Media Kitchen

NEW YORK, Jan. 14, 2022 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell announced today that Mark Penn, Chairman and CEO, will attend the upcoming Sidoti Winter SmallCap Virtual Conference on Wednesday, January 19 and Thursday, January 20, 2022. Penn will give a management presentation on Thursday at 10:45 a.m.

Stagwell (STGW) to Present at the Sidoti Winter SmallCap Virtual Conference

NEW YORK, Jan. 14, 2022 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) today announced the next step in its expansion into Asia-Pacific via an affiliate partnership with Coconuts Media, the leading alternative online publisher reaching an audience of millions across Bangkok, Manila, Singapore, Hong Kong, Kuala Lumpur, Jakarta, Bali, and Yangon. The partnership meaningfully expands Stagwell's media investment in the region and adds a key partner with scaled content, production, and distribution capabilities to support global clients.

Stagwell Adds Coconuts Media, Leading Asia-Pacific Publisher and Media Platform, to Fast-Growing Global Affiliate Network

NEW YORK , Jan. 12, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced an investment into early-stage venture capital firm Hannah Grey , a first-check fund investing in customer-centric founders redefining everyday experiences. Stagwell's investment in Hannah Grey VC is part of an overall strategy to accelerate growth across the new disciplines of digital marketing services, including digital media, digital transformation, and data & software products.

Stagwell (STGW) Doubles-Down on Transforming Consumer Experiences with Investment in Hannah Grey VC

NEW YORK , Jan. 6, 2022 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) announced today it has acquired the remaining 49% of Instrument, a leading digital brand and experience innovation company. Founded in Portland, Oregon, Instrument is one of Stagwell's fastest growing agencies and employs over 400 people working on clients including Nike, Google, Salesforce and Epic Games.

Stagwell (STGW) completes acquisition of Instrument, fast-growing digital transformation company

NEW YORK and LONDON, Jan. 4, 2022 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell, the challenger network built to transform marketing, today announced the acquisition of Goodstuff, the 130-strong, full-service media planning and buying agency based in London.  The Goodstuff team will join the Stagwell Media Network, a group of leading multichannel agencies home to more than 3,000 experts with an expansive global footprint across 20 countries and 40 offices, managing close to $5 billion in media.

Stagwell (STGW) Adds UK's Leading Independent Media Agency, Goodstuff Communications, to Stagwell Media Network

NEW YORK, and LONDON, Dec. 17, 2021 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) and Stagwell Media Network today announced a strategic partnership with leading out-of-home (OOH) media specialist Talon to accelerate global growth in OOH advertising. Talon joins Stagwell's network to expand their collective global presence in offering smarter, data-driven, and creative-led OOH planning, buying, and proprietary technologies to advertisers.

Talon Outdoor and Stagwell (STGW) Expand Capabilities and Global Presence in data-driven Out-of-Home Advertising

NEW YORK, Dec. 16, 2021 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, today announced its programming and events at CES 2022, including the formal launch of the Stagwell Marketing Cloud. Stagwell's presence includes a range of activations aimed at decoding what the technologies debuting at CES mean for marketers, brands and consumers, including: Stagwell Marketing Cloud Exhibit: The Stagwell Marketing Cloud is debuting at CES via a booth featuring four SaaS products powered by AI, ML and AR.

STAGWELL ANNOUNCES CES 2022 PRESENCES INCLUDING LAUNCH OF STAGWELL MARKETING CLOUD

ARound brings interactive shared experiences to the metaverse NEW YORK, Dec. 16, 2021 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) announced today it will launch an innovative, location-based augmented reality platform, ARound, bringing shared experiences to live events and the retail space by engaging audiences through connected interactions in the metaverse. Stagwell will unveil and demo ARound at CES 2022, within its CES booth #CS-10 in the C-Space at Aria and during CES Unveiled on January 3 at Mandalay Bay and Pepcom Digital Experience on January 4 at The Mirage.

Stagwell (STGW) to Launch Connected AR Experiences for Live Events at CES 2022

NEW YORK, Dec. 16, 2021 /PRNewswire/ -- For almost two years, the COVID-19 pandemic and its impact on nearly every industry in every corner of the globe has dominated headlines. The 2021 HUNTER Food News Study confirms the significant influence these stories have had on consumers with mask mandates in restaurants and labor shortages leading the list of top food stories in the past year.

COVID-19 Pandemic Dominates Food News in 2021 and Drives a Fundamental Change in America's Relationship with Food According to the 18th Annual HUNTER Food News Study

PRophet 2.0 dramatically expands journalist targets to include seven countries, gives users access to the world's most comprehensive podcast database, verified contact information and email plug-ins NEW YORK, Dec. 13, 2021 /PRNewswire/ -- Following a successful inaugural year helping brands and agencies activate smarter, data-driven earned media campaigns, Stagwell's (NASDAQ: STGW) PRophet launched the second generation of its state-of-the-art predictive earned media platform today, a boosted version of its software that promises to displace the capabilities of the PR's industry's analog media database competitors. This next-generation version of PRophet, the first-ever A.I.

PRophet 2.0, a Stagwell (STGW) Product, Takes On Old School Media Database Companies

Stagwell Inc (NASDAQ: STGW) subsidiary Stagwell Media Network has expanded leadership, focusing on partnerships, innovation, investment models, and accountability to help clients navigate changes in the media landscape and fuel market-leading growth.  The critical appointments included Jon Schaaf as Global Chief Investment Officer, Shannon Pruitt as Global Chief Content Officer, and Rick Acampora as Global Chief Client Officer.

Why Are Stagwell Shares Trading Higher Today?

Global network appoints Jon Schaaf, Shannon Pruitt, and Rick Acampora to deliver an evolved future-facing strategy that drives innovation, scale, efficiencies, and differentiation across clients and partners. NEW YORK, Dec. 8, 2021 /PRNewswire/ -- Stagwell Media Network, part of Stagwell (NASDAQ: STGW) Inc, today announced expanded leadership to further evolve the agency's investment profile, with a focus on partnerships, innovation, investment models, and accountability to help clients navigate changes in the media landscape and fuel market-leading growth.

Stagwell Media Network Announces Executive Leadership to Spearhead Investments, Partnerships & Client Experience

Expanded senior leadership roster will enhance global capabilities across new business and strategic growth, marketing communications, and integrated client solutions NEW YORK, Dec. 6, 2021 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc., the challenger network built to transform marketing, today announced several senior appointments that will help position the Company for accelerated global growth and talent acquisition as it enters 2022. Key appointments include: Robyn Freye has been named SVP, Chief Growth Officer, North America to lead strategic growth initiatives for the North America market and build a robust client growth strategy across network.

Stagwell (STGW) Elevates Senior Leadership to Accelerate Growth and Support Global Expansion

UNION and 6 Degrees Join Forces to Tell Brand Stories with Certainty TORONTO, Dec. 1, 2021 /PRNewswire/ -- Stagwell today announced the launch of DonerNorth, a progressive new agency that fills the much-needed marketing services white space.  Through the fusion of UNION's creative, digital and media expertise and 6 Degrees' award-winning shopper innovation and data-driven insights, DonerNorth is premised on the belief that big unifying ideas should be designed to connect and convert consumers from the start.

Doner, Part Of Stagwell (STGW), Heads Back North As Canada's Leading Creative Commerce Agency

NEW YORK, Nov. 29, 2021 /PRNewswire/ -- (NASDAQ: STGW) –  Stagwell announced today that management will attend the upcoming Wells Fargo 5th Annual Virtual TMT Summit from November 30 – December 2, 2021. Chairman and CEO Mark Penn will present at the conference on Thursday, December 2, 2021 at 10:00 A.M.

Stagwell (STGW) to Present at the Wells Fargo 5th Annual Virtual TMT Summit

Randy Duax to Lead Office as Managing Director, Asia Pacific NEW YORK, Nov. 18, 2021 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell, the challenger network built to transform marketing, today announced the opening of a new regional headquarters in Singapore to accommodate rapid growth and drive expansion across other key markets throughout Asia-Pacific. Singapore will serve as a key geographic hub to anchor the network's international client engagements and connect local teams with Stagwell's platform of best-in-class modern marketing services.

Stagwell (STGW) Accelerates Asia-Pacific Growth with Opening of New Global Office in Singapore

Goldman Sachs

Goldman Sachs Group Inc. GS, +0.37% disclosed an ownership stake of about 20.95 million shares or 18.5% of marketing services company Stagwell Inc. STGW, -0.25% , according to filings on Wednesday. The holding is valued at about $210 million based on Stagwell's stock price of $10.05 a share on Thursday.

Goldman discloses 19% stake in marketing company Stagwell

Management announced increased annual organic revenue targets, expanded M&A commitments, and plans to bolster its capabilities across high-growth digital marketing services including cloud suite of digital SaaS and DaaS products NEW YORK, Nov. 10, 2021 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell announced several strategic growth targets at the company's first in-person and virtual presentation for investors and analysts. Those include: Increased targeted combined GAAP revenue for 2025 to $3.4B versus $3B previously, based on: Increased target of 7-9% annual organic revenue growth compared to 5% previously, leading to double digit overall annual revenue growth.

Stagwell (STGW) Details Key Strategic Growth Targets at Investor Event, Increases Targeted Combined GAAP Revenue Goals for 2025

Stagwell Inc. (STGW) CEO Mark Penn on Q3 2021 Results - Earnings Call Transcript

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell announced today that Mark Penn, Chairman and CEO, will present at the upcoming RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference on Wednesday, November 17, 2021. The fireside chat will take place from 4-4:30 PM ET.

Stagwell (STGW) to Participate in Upcoming RBC Capital Markets Global Technology, Internet, Media, and Telecom Virtual Conference

Third Quarter GAAP Revenue growth of 104.6% Third Quarter Pro Forma Organic Net Revenue growth of 22.8%, 27.9% excluding Advocacy Third Quarter Net Loss attributable to Stagwell was $2.1 million Third Quarter Pro Forma Adjusted EBITDA of $100 million Company Raises Full Year Pro Forma Adjusted EBITDA outlook REPORTED THIRD QUARTER & YTD HIGHLIGHTS: GAAP revenue of $466.6 million in the third quarter versus $228.1 million in the prior year period, an increase of 104.6%; and $857.4 million in the nine months ended September 30, 2021 versus $575.0 million in the prior year period, an increase of 49.1%. Net revenue of $409.1 million in the third quarter versus $152.9 million in the prior year period, an increase of 167.6%; and $749.2 million in the nine months ended September 30, 2021 versus $434.1 million in the prior year period, an increase of 72.6%.

Stagwell Inc. (NASDAQ: STGW) Reports Results For The Three And Nine Months Ended September 30, 2021

NEW YORK, Oct. 20, 2021 /PRNewswire/ -- Stagwell (NASDAQ: STGW) announced today the Company will report financial results for the three months ended September 30, 2021 on Wednesday, November 3, 2021, before the market open. Stagwell will host a video webcast to review those results the same day at 8:30 AM (ET).

Stagwell (STGW) Schedules Conference Call to Discuss Financial Results for the Three Months Ended September 30, 2021

In-person event will include presentations on Stagwell's strategic direction and initiatives, key growth engines, investment thesis and financial outlook, as well as a conversation with Former Treasury Secretary Lawrence H Summers on the future of the consumer economy NEW YORK, Oct. 20, 2021 /PRNewswire/ -- Stagwell (NASDAQ: STGW) announced today the agenda for its fall investor introduction event on November 8, 2021. Credentialed press are invited to register.

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