UPDATE: MDC Partners (MDCA) Reports Q4 EPS Loss of $0.15, Revenues Beat
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MDC Partners Inc. Reports Results For The Three And Twelve Months Ended December 31, 2019
February 27, 2020 4:00 PM ESTCompany Delivers High End of Guidance as Strategic Plan Takes Hold
NEW YORK, Feb. 27, 2020 /PRNewswire/ --
FOURTH QUARTER & 2019 HIGHLIGHTS:
Revenue of $382.0 million in the fourth quarter of 2019 versus $393.7 million in the prior period, a decline of 3.0%; and $1.42 billion in 2019 versus $1.48 billion in the prior year, a decline of 4.1%. Organic revenue declined 1.5% in the fourth quarter of 2019 and 3.1% in 2019. Net loss attributable to MDC Partners common shareholders was $10.5 million in the fourth quarter of 2019 versus $83.7 million in the prior period. Net loss attributable to MDC... More