Stagwell Inc (STGW) Reports Q3 EPS of $0.02

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Go back to Stagwell Inc (STGW) Reports Q3 EPS of $0.02

Stagwell Inc. (NASDAQ: STGW) Reports Results For The Three And Nine Months Ended September 30, 2021

November 3, 2021 7:00 AM EDT

Third Quarter GAAP Revenue growth of 104.6%

Third Quarter Pro Forma Organic Net Revenue growth of 22.8%, 27.9% excluding Advocacy

Third Quarter Net Loss attributable to Stagwell was $2.1 million

Third Quarter Pro Forma Adjusted EBITDA of $100 million

Company Raises Full Year Pro Forma Adjusted EBITDA outlook

REPORTED THIRD QUARTER & YTD HIGHLIGHTS:

GAAP revenue of $466.6 million in the third quarter versus $228.1 million in the prior year period, an increase of 104.6%; and $857.4 million in the nine months ended September 30, 2021 versus... More