{"schema_version":"secwatch.filing_event.v1","accession":"0000876883-23-000015","form_type":"8-K","ticker":"STGW","cik":"0000876883","company_name":"Stagwell Inc","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.519742+00:00","generated_at":"2026-06-15T11:18:48.068858+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Stagwell Reports Q1 2023 Revenue of $622M, Adjusted EBITDA of $72M, Reaffirms Full-Year Guidance","bullets":["Stagwell reported Q1 2023 revenue of $622 million, a 3% decrease year-over-year, and net revenue of $522 million, a 1% decrease.","Adjusted EBITDA for Q1 2023 was $72 million, down 29% from prior year, but results aligned with management expectations.","The company reaffirmed 2023 guidance: organic net revenue growth 7.5%-10%, adjusted EBITDA $450M-$490M, and adjusted EPS $0.90-$1.05.","Stagwell announced a share repurchase agreement to buy 23.3 million Class A shares from AlpInvest, reducing total shares by 8%.","Net new business wins totaled $53 million in Q1 and $212 million on a trailing twelve-month basis."],"urls":{"canonical":"https://secwatch.observer/filing/0000876883-23-000015","json":"https://secwatch.observer/filing/0000876883-23-000015.json","markdown":"https://secwatch.observer/filing/0000876883-23-000015.md","text":"https://secwatch.observer/filing/0000876883-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876883/000087688323000015/0000876883-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876883/000087688323000015/stgw-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T11:18:48.068858+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b33c27db84d728635917a68e46a644d8121f5bc9","claim":"Stagwell Inc reported three months ended March 31, 2023 results: revenue $622 million, net income $0.4 million, EPS $0.13. Guidance reaffirmed.","evidence_excerpt":"STAGWELL INC. (NASDAQ: STGW ) REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2023 Revenue of $622 Million Adjusted EBITDA of $72 million First Quarter Results in line with Management Expectations Reaffirms 2023 Full Year Guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/876883/000087688323000015/0000876883-23-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"$622 million"},{"label":"Net income","value":"$0.4 million"},{"label":"EPS","value":"$0.13"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}