earnings
confidence high
sentiment neutral
materiality 0.60
Stagwell Q2 revenue up 5% to $707M; net loss $5M, adjusted EBITDA $93M, reiterates FY25 guidance
Stagwell Inc
- Q2 revenue $707M (+5% YoY); net revenue $598M (+8% YoY); net loss $5M vs $3M loss a year ago.
- Q2 adjusted EBITDA $93M (+8% YoY); ex-Advocacy $80M (+23% YoY); adjusted EPS $0.17 vs $0.14.
- Digital Transformation ex. Advocacy net revenue grew 12% YoY, net new business $117M in Q2.
- Reiterated FY2025 guidance: total net revenue growth ~8%, adjusted EBITDA $410M-$460M, free cash flow conversion >45%.
- YTD net cash from operations $55M vs $(68)M prior year; net loss attributable to common shareholders $8M YTD.
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