earnings
confidence high
sentiment positive
materiality 0.75
Stagwell Q1 revenue +8% to $704M, adj. EPS $0.17 (+31% YoY); net loss widens to $13M
Stagwell Inc
- Revenue $704M (+8% YoY), net revenue $585M (+4%), in line with budget.
- Adjusted EPS $0.17 vs $0.13 (+31%); GAAP loss per share $(0.05) vs $(0.04).
- Digital Transformation net revenue $97M (+9%); two-year net revenue growth stack 26%.
- Record Q1 net new business $141M; LTM net new business $486M.
- Reiterates FY guidance: net revenue growth 8-12%, adj. EBITDA $475M-$525M, FCF conversion 50-60%.