---
schema_version: "secwatch.filing_event.v1"
accession: "0000876883-23-000025"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:25:34.782802+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stagwell Q3 revenue $618M (-7% YoY), Adjusted EBITDA $102M (-12%), guides FY EBITDA $390-410M

## Summary
- Q3 net revenue $535M (-4% YoY); organic net revenue declined 7%.
- International net revenue up 25%, led by EMEA (+30%), LATAM (+18%), APAC (+12%).
- Net income $3M vs $35M prior year; Adjusted EPS $0.18.
- Completed sale of non-core ConcentricLife for $245M; LTM net new business >$250M.
- FY 2023 guidance: organic net revenue decline ~4%, Adjusted EBITDA $390-410M, Adjusted EPS $0.73-0.78.

## SEC filing metadata
- accession: 0000876883-23-000025
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876883/000087688323000025/0000876883-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000087688323000025/stgw-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000876883-23-000025
- JSON: https://secwatch.observer/filing/0000876883-23-000025.json
- Plain text: https://secwatch.observer/filing/0000876883-23-000025.txt

## Key facts
- Earnings Releases
  Stagwell Inc updated its the three and nine months ended September 30, 2023 guidance (reaffirmed).
  - Period: the three and nine months ended September 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On November 2, 2023, Stagwell Inc. (the “Company”) issued an earnings release reporting its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000087688323000025/0000876883-23-000025-index.htm
- Earnings Releases
  Stagwell Inc reported the three and nine months ended September 30, 2023 results: revenue Revenue of $618 million, net income Net Income of $3 million, EPS Q3 earnings per share attributable to Stagwell Inc. common shareholders of $0.003. Guidance reaffirmed.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: Revenue of $618 million
  - Net income: Net Income of $3 million
  - EPS: Q3 earnings per share attributable to Stagwell Inc. common shareholders of $0.003
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: Q3 revenue of $618 million, a decrease of 7% versus the prior year period; YTD revenue of $1,872 million, a decrease of 5% versus the prior year period
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000087688323000025/0000876883-23-000025-index.htm

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