secwatch.observer — SEC 8-K summary
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Issuer:     Stagwell Inc (STGW)
CIK:        0000876883
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0000876883-22-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stagwell reports Q2 GAAP revenue $672.9M, net income $24.5M, reaffirms 2022 outlook
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- Q2 GAAP revenue $672.9M (+221% YoY); pro forma revenue growth 21.2%.
- Pro forma organic net revenue +16% in Q2; digital services contributed 57% of net revenue.
- Net income $24.5M ($0.08 diluted EPS); adjusted EBITDA $111.3M (20.0% margin on net revenue).
- Reaffirmed FY 2022 guidance: organic net revenue growth 18-22%, adjusted EBITDA $450-480M.
- YTD organic net revenue growth 19.6%; YTD adjusted EBITDA $212.7M (+240% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876883/000087688322000020/0000876883-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876883/000087688322000020/stgw-20220804.htm
  HTML page:      https://secwatch.observer/filing/0000876883-22-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer