Stagwell Inc (STGW) Reports Q2 EPS of $0.08

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Go back to Stagwell Inc (STGW) Reports Q2 EPS of $0.08

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2022

August 4, 2022 7:00 AM EDT

Delivers Double-Digit 2Q 2022 Revenue Growth; Reiterates guidance driven by global media performance and continued digital acceleration

2Q GAAP Revenue grew 221.1% and 21.2% on a Pro Forma basis; YTD Pro Forma growth of 26.0%Pro-Forma Organic Net Revenue grew 16.0% in 2Q and 19.1% YTDNet Income of $24.5M in 2Q and Diluted EPS of $0.08 per shareNet Income attributable to Stagwell of $10.5M in 2Q Adjusted EBITDA of $111.3M in 2Q representing a 20.0% margin on Net Revenue57% of 2Q Net Revenue came from high-growth digital... More