---
schema_version: "secwatch.filing_event.v1"
accession: "0000876883-24-000003"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T13:50:53.972506+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stagwell reports FY23 net income $42M; guides FY24 adjusted EBITDA $400-450M

## Summary
- FY23 revenue $2,527M, net revenue $2,147M, net income $42M, adjusted EBITDA $360M.
- FY24 guidance: organic net revenue growth 5-7%, adjusted EBITDA $400-450M, adjusted EPS $0.75-0.88.
- Stagwell Marketing Cloud net revenue +31% YoY; international net revenue +13%, EMEA +17%.
- Q4 net new business $65M; LTM net new business exceeded $270M.
- Achieved $30M merger synergies ahead of schedule; sold ConcentricLife for significant gain reducing debt.

## SEC filing metadata
- accession: 0000876883-24-000003
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/876883/000087688324000003/0000876883-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000087688324000003/stgw-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000876883-24-000003
- JSON: https://secwatch.observer/filing/0000876883-24-000003.json
- Plain text: https://secwatch.observer/filing/0000876883-24-000003.txt

## Key facts
- Earnings Releases
  Stagwell Inc reported financial results for the year ended December 31, 2023.
  - Period: the year ended December 31, 2023
  - Result: reported results
  source text: Stagwell Inc. (the “Company”) issued an earnings release reporting its financial results for the year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000087688324000003/0000876883-24-000003-index.htm

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