Stagwell Inc (STGW) Misses Q4 EPS by 4c, FY EPS Guidance Tops Views

Go back to Stagwell Inc (STGW) Misses Q4 EPS by 4c, FY EPS Guidance Tops Views

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS AND YEAR ENDED DECEMBER 31, 2022

March 2, 2023 7:00 AM EST

FY22 Revenue rises to record $2.7B following sixth-consecutive quarter of double-digit growth; company doubles stock buyback program to $250M

FY22 Pro Forma revenue growth of 21%; 16% in Q4FY22 Pro Forma organic net revenue growth of 14%; 8% in Q4Adjusted EBITDA of $451M in FY22, a 20.3% margin on net revenueAdjusted EBITDA of $123M in Q4, a 21.1% margin on net revenueFY22 Adjusted net income of $268M; $63M in Q4FY22 Adjusted... More