MDC Partners (MDCA) Misses Q2 EPS by 5c, Slight Beat on Revenues
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MDC Partners Inc. Reports Results for the Three and Six Months Ended June 30, 2018
August 2, 2018 4:01 PM EDTNEW YORK, Aug. 2, 2018 /PRNewswire/ --
SECOND QUARTER FINANCIAL PERFORMANCE:
Revenue of $379.7 million versus $390.5 million a year ago, a decline of -2.8%; excluding the impact of ASC 606 (see details below), revenue was $389.5 million, effectively flat versus a year ago. Organic revenue decline of -1.7% Net income attributable to MDC Partners common shareholders of $1.1 million versus $8.0 million a year ago; excluding the impact of ASC 606, Net loss attributable to MDC Partners common shareholders was ($4.5) million Adjusted EBITDA of $43.0 million versus $47.0 million a year ago; excluding... More