secwatch.observer — SEC 8-K summary
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Issuer:     Stagwell Inc (STGW)
CIK:        0000876883
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000876883-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stagwell reports record FY22 revenue of $2.7B, doubles buyback to $250M, issues 2023 guidance
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- FY22 revenue $2.688B (+83% YoY); pro forma organic net revenue growth 14%.
- FY22 adjusted EBITDA $451M (20.3% margin); Q4 adjusted EBITDA $123M (21.1% margin).
- FY22 adjusted EPS $0.90; Q4 adjusted EPS $0.22; free cash flow $270M.
- Doubled stock buyback authorization to $250M; net leverage ratio 2.17x.
- 2023 guidance: organic net revenue growth 7.5%-10%, adjusted EBITDA $450M-$490M, adjusted EPS $0.90-$1.05.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876883/000087688323000004/0000876883-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876883/000087688323000004/stgw-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000876883-23-000004

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