MDC Partners (MDCA) Misses Q1 EPS by 37c
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MDC Partners Inc. Reports Results For The Three Months Ended March 31, 2016
May 3, 2016 4:01 PM EDTEXTENDED REVOLVING CREDIT FACILITY MATURITY FOR NEARLY TWO YEARS AT REDUCED RATE
NEW YORK, May 3, 2016 /PRNewswire/ --Â
FIRST QUARTER HIGHLIGHTS:
Revenue increased 2.3% to $309.0 million from $302.2 million Net loss attributable to MDC Partners improved to ($23.3) million versus ($32.1) million in the same period last year despite the costs related to our senior notes refinancing Organic revenue increased 2.2%, after a 241 basis points reduction from significantly lower billable pass-through costs Adjusted EBITDA increased 5.3% to $32.8 million from $31.2 million (see Schedules 2 and 3) Adjusted EBITDA margin expanded by 30 basis points to... MoreMDC Partners Declares Quarterly Dividend of $0.21 Per Share
May 3, 2016 4:01 PM EDTNEW YORK, May 3, 2016 /PRNewswire/ --Â (NASDAQ: MDCA) MDC Partners Inc. ("MDC Partners" or the "Company") today announced that its Board of Directors has declared a cash dividend of $0.21 per share on all of its outstanding Class A shares and Class B shares. The quarterly dividend will be payable on or about June 7, 2016 to shareholders of record at the close of business on May 24, 2016.
About MDC Partners Inc.
MDC Partners is one of the fastest-growing and most influential marketing and communications... More
