---
schema_version: "secwatch.filing_event.v1"
accession: "0000876883-24-000011"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:41:54.772539+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stagwell Q1 revenue up 8%; net loss $1.3M but adj EBITDA +25% to $90M; reaffirms FY2024 guidance

## Summary
- Revenue $670M (+8% YoY); net loss $1.3M vs $1.4M income prior year.
- Adjusted EBITDA $90M (+25% YoY); margin 17% (+320 bps).
- Adjusted EPS $0.16 (+14% YoY); GAAP EPS $(0.01) vs $0.00.
- Net new business $66M in Q1; LTM net new $284M.
- FY2024 guidance reaffirmed: organic net rev growth 5-7%, adj EBITDA $400-450M, adj EPS $0.75-0.88.

## SEC filing metadata
- accession: 0000876883-24-000011
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876883/000087688324000011/0000876883-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000087688324000011/stgw-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000876883-24-000011
- JSON: https://secwatch.observer/filing/0000876883-24-000011.json
- Plain text: https://secwatch.observer/filing/0000876883-24-000011.txt

## Key facts
- Earnings Releases
  Stagwell Inc reported the three months ended March 31, 2024 results: revenue $670 million, net income $1.3 million, EPS $(0.01). Guidance reaffirmed.
  - Period: the three months ended March 31, 2024
  - Revenue: $670 million
  - Net income: $1.3 million
  - EPS: $(0.01)
  - Guidance: reaffirmed
  - Result: reported results
  source text: NY, May 1, 2024 (NASDAQ: STGW) – Stagwell Inc. (“Stagwell”) today announced financial results for the three months ended March 31, 2024. FIRST QUARTER RESULTS: • Q1 Revenue of $670 million, an increase of 8% versus the prior year period. • Q1 Net Loss attributable to Stagwell Inc. Common Shareholders of $1.3 million versus Income of $1.4 million in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000087688324000011/0000876883-24-000011-index.htm

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