---
schema_version: "secwatch.filing_event.v1"
accession: "0000876883-23-000019"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:23:55.890667+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stagwell Q2 revenue down 6% to $632M, net loss $10M vs net income $25M a year ago; adjusts FY outlook

## Summary
- Q2 net revenue fell 3% to $539M; organic net revenue declined 5% YoY.
- Q2 adjusted EBITDA $91M (-18% YoY); adjusted EPS $0.16; YTD adjusted EPS $0.29.
- Net loss attributable to common shareholders $5M; Q2 net new business $75M; LTM record $256M.
- International revenue grew 9% (APAC +17%); Stagwell Marketing Cloud revenue ~$50M.
- FY 2023 guidance: organic net revenue growth 0%-2%, Adj. EBITDA $410M-$440M, Adj. EPS $0.76-$0.85.

## SEC filing metadata
- accession: 0000876883-23-000019
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876883/000087688323000019/0000876883-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000087688323000019/stgw-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000876883-23-000019
- JSON: https://secwatch.observer/filing/0000876883-23-000019.json
- Plain text: https://secwatch.observer/filing/0000876883-23-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.