MDC Partners (MDCA) Reports Q4 EPS of $0.01 on Revenues of $307.6M
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MDC Partners Inc. Reports Results For The Three Months Ended March 31, 2021
May 5, 2021 7:00 AM EDTMDC Reports Highest Net Income in Nearly Three Years and Highest First Quarter Adjusted EBITDA in Company History
FIRST QUARTER HIGHLIGHTS:
GAAP revenue of $307.6 million in the first quarter versus $327.7 million in the prior year period, a decline of 6.2%. Organic revenue declined 6.9% in the first quarter, continuing to narrow the year-over-year revenue decline amidst the pandemic recovery. Net revenue of $270.7 million in the first quarter vs. $274.4 million in the prior period, a decline of 1.4%. Organic net revenue declined 2.1% in the first quarter.... More