MDC Partners (MDCA) Reports Q1 Loss of $0.03, Revenues Miss

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MDC Partners Inc. Reports Results For The Three Months Ended March 31, 2020

April 29, 2020 7:00 AM EDT

Company's Strategic Plan Delivering Significant Performance Improvements on Key Metrics

NEW YORK, April 29, 2020 /PRNewswire/ --

FIRST QUARTER  HIGHLIGHTS:

Revenue of $327.7 million in the first quarter versus $328.8 million in the prior period, a decline of 0.3%. Organic revenue increased 2.0% in the first quarter from the first quarter of 2019. Net loss attributable to MDC Partners common shareholders was $2.4 million in the first quarter of 2020 versus $2.5 million a year ago. Net loss attributable to MDC Partners common shareholders for the last twelve months (LTM) of $17.2 million as of... More