secwatch.observer — SEC 8-K summary
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Issuer:     Stagwell Inc (STGW)
CIK:        0000876883
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000876883-23-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876883/000087688323000025/0000876883-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876883/000087688323000025/stgw-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000876883-23-000025

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