MDC Partners (MDCA) Tops Q1 EPS by 18c, Revenues Miss
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MDC Partners Inc. Reports Results For The Three Months Ended March 31, 2019
May 7, 2019 7:30 AM EDTNEW YORK, May 7, 2019 /PRNewswire/ --
FIRST QUARTER HIGHLIGHTS:
Revenue of $328.8 million versus $327.0 million a year ago, an increase of 0.6%. Organic revenue decrease of 0.9% Net loss attributable to MDC Partners common shareholders of $2.5 million in the first quarter of 2019 versus a loss of $31.4 million a year ago. Net loss attributable to MDC Partners common shareholders for the last twelve months (LTM) of $103.3 million as of March 31, 2019 versus $132.3 million loss as of December 31, 2018. Adjusted EBITDA of $21.5 million versus $7.8 million a year ago, an increase of 175%. Adjusted EBITDA Margin of... More