Stagwell

Stagwell, Inc. operates as media and public relations agency. It delivers brands that connect culture-moving creativity with technology to harmonize the art and science of marketing. It operates through the following segments: Integrated Agencies Network, Media Network, Communications Network, All Other, and Corporate. The Integrated Agencies Network segment engages in the organization of go-to-market and collaboration incentive purposes to facilitate integrated and flexible offerings for clients. The Media Network segment consists of a specialist network branded as Stagwell Media Network. The Communications Network segment focuses on a specialist network that provides advocacy, strategic corporate communications, investor relations, public relations, online fundraising and other services to both corporations and political and advocacy organizations and consists of Allison & Partners SKDK (including Sloane & Company), and Targeted Victory Agencies. The All Other segment consists of Stagwell Marketing Cloud products such as PRophet. The Corporate segment includes corporate office expenses. The company was founded in 2015 and is headquartered in New York, NY.

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Stagwell meets Q1 expectations, focuses on tech and growth opportunities

Stagwell's Q1 performance was solid, with revenue meeting expectations and strategic moves to reduce expenses and invest in tech products. The company's reaffirmed guidance and new business wins demonstrate a positive outlook for future growth. However, the development and investment in the Stagwell Marketing Cloud group pose potential challenges and opportunities for significant revenue increases in the coming years.

Stagwell reports sequential improvements and eyes Latin America for growth

Stagwell expects $410-440 million EBITDA, 50-60% free cash flow conversion, and $0.80 adjusted EPS for the year. Full-year guidance sets 0-2% organic net revenue growth and $0.76-0.85 adjusted EPS. Focus on digital transformation, advocacy in the political ad environment, and potential of generative AI.

Stagwell reports Q3 revenue of $535M, anticipates rebound amid challenges

Stagwell's Q3 performance reflects resilience amid industry challenges, with a focus on cost management and international expansion. Despite facing headwinds, the company remains confident in its ability to return to growth and capitalize on digital transformation opportunities.

Stagwell reports solid 2023 earnings, eyes growth and tech investments

Stagwell's Q4 and full-year 2023 earnings reflect growth, strategic moves, and strong financial performance. The company's focus on cost management, tech investments, and partnerships with industry leaders bode well for future growth. Expectations for 2024 include continued organic net revenue growth and EBITDA improvement.

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Dual recognition from the World Advertising Research Center places Stagwell in top 10 global marketing networks for effectiveness and creativity; accolades follow breakout Q1 of awards for Stagwell agencies. NEW YORK , March 31, 2022 /PRNewswire/ -- Stagwell, (NASDAQ: STGW) the challenger network built to transform marketing, today announced the receipt of two global accolades from the World Advertising Research Center, cementing its position as a marketing provider driving unmistakable creative effectiveness for clients worldwide.

STAGWELL (STGW) IS THE #7 MOST AWARDED MARKETING NETWORK FOR EFFECTIVENESS WORLDWIDE in WARC CREATIVE 100 RANKING

The group of agencies within Stagwell expands capabilities, welcomes brand experience partner LOS ANGELES , March 30, 2022 /PRNewswire/ -- Leading Florida-based brand experience agency, TEAM Enterprises, has joined forces with powerhouse Constellation, a group within Stagwell (NASDAQ:STGW). Constellation is a formation of best-in-class marketing services agencies spanning data, insights, creativity, technology, production, and experiential that deploys itself to maximize clients' biggest opportunities and solve their toughest business problems at scale.

TEAM ENTERPRISES IS NEWEST STAR IN STAGWELL'S (STGW) CONSTELLATION GROUP

NEW YORK, March 23, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced its Board of Directors has authorized a stock repurchase program (the "Repurchase Program") under which it may repurchase up to $125.0 million of shares of its outstanding Class A common stock. The Repurchase Program will expire on March 23, 2025.

Stagwell's (STGW) Board of Directors Authorizes $125 Million Stock Repurchase Program

LOS ANGELES , March 22, 2022 /PRNewswire/ -- National Research Group (NRG), recognized as an insights leader at the edge of technology, content and culture, today announced Grady Miller, head of consumer insights at Apple TV+, as its Chief Marketing Officer. He will run the company's global marketing, strategic communications, and thought leadership functions.

Apple Consumer Insights Executive to Lead Global Marketing for National Research Group, a Stagwell (STGW) Company

Larry joins  leadership team alongside chair John Boiler and chief financial officer John Pyne LOS ANGELES, March 15, 2022 /PRNewswire/ -- Constellation, a group within Stagwell (NASDAQ:STGW) announces Zakiya Larry as Global Chief Communications Officer as the network expands and bolsters business offerings.  She joins the leadership team with John Boiler, Constellation chair and Creative Co-Chair of 72andSunny, and John Pyne, Chief Financial Officer.

STAGWELL'S (STGW) CONSTELLATION GROUP ANNOUNCES ZAKIYA LARRY AS GLOBAL CHIEF COMMUNICATIONS OFFICER

Recognition for 72andSunny, Anomaly, Assembly, Doner, and YML ties Stagwell with holding company giants for recognition in the annual list of best advertising agencies worldwide NEW YORK , March 15, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates five agencies which have been honored in the Ad Age 2022 A List & Creativity Awards: 72andSunny, Anomaly, Assembly, Doner, and YML. The 2022 accolades reflect a breakout year of digital, creative, and purpose-driven work from Stagwell's network on behalf of leading brands Kaiser Permanente, Tinder, Etsy, Nike, Johnson & Johnson, and more.

Challenger Stagwell (STGW) Punches Above its Weight with 2022 Ad Age A-List & Creativity Awards Wins

NEW YORK , March 9, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today released a nearly 2-minute video summarizing its financial performance and strategic progress through full-year 2021. The reel is a dynamic complement to Stagwell's earnings materials for the three and twelve months ended December 31, 2021, released on Tuesday, March 8, 2022.

Stagwell (STGW) Spotlights 2021 Financial Performance, Outlines 2022 Outlook and Strategic Priorities in Dynamic New Earnings Video

Stagwell Inc. (STGW) CEO Mark Penn on Q4 2021 Results - Earnings Call Transcript

GAAP Revenue growth of 95.5% in 4Q and 65.5% for the Full-Year Pro Forma Organic Net Revenue growth of 11.3% in 4Q and 14.5% for the Full-Year Ex-Advocacy Pro Forma Organic Net Revenue growth of 21.2% in 4Q and 18.0% for the Full-Year Net Income attributable to Stagwell of $0.8M in 4Q and Net Income of $21.0M for the Full-Year Pro Forma Adjusted EBITDA of $103.6M in 4Q and $378.0M for the Full-Year Issues 2022 Pro Forma Net Revenue growth guidance of 18%-22% and 13%-17% ex-Advocacy Issues 2022 Adjusted EBITDA guidance of $450M - $480M and Pro Forma Free Cash Flow growth of ~30% NEW YORK, March 8, 2022 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. ("Stagwell") today announced financial results for the three and twelve months ended December 31, 2021. REPORTED FOURTH QUARTER & YTD HIGHLIGHTS: Fourth quarter revenue of $611.9 million, an increase of 95.5% versus the prior year period; full-year revenue of $1,469.4 million, an increase of 65.5% versus a year ago.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2021

NEW YORK, March 3, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced Chairman and CEO Mark Penn will attend the upcoming Deutsche Bank 30th Annual Media, Internet, & Telecom Conference in Palm Beach, Florida on March 15, 2022. Management will also host several 1X1 sessions with investors at the conference.

Stagwell (STGW) To Attend and Host 1x1 Investor Meetings at the Deutsche Bank 30th Annual Media, Internet & Telecom Conference

NEW YORK, Feb. 28, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Peter McElligott as General Counsel, effective immediately. McElligott has served as Interim General Counsel at Stagwell since the launch of the global marketing network in August 2021.

Stagwell (STGW) Appoints Peter McElligott General Counsel

MINNEAPOLIS, Feb. 28, 2022 /PRNewswire/ -- Minneapolis-based creative agency MONO today announced the addition of five newly created leadership roles as the agency accelerates growth amid new business wins and assignments, including Molson Coors, HelpSystems, and RHYTHM Cannabis. Four of the five include promotions from within the agency: Katie Riddle to Executive Creative Director to manage, lead and drive creative excellence for MONO's existing and prospective clients.

MONO, a Stagwell (STGW) Agency, Expands Leadership Team to Support New Business Momentum

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Stagwell (NASDAQ:STGW), the challenger network built to transform marketing, today announced a meaningful expansion of its global footprint across MENA with three affiliate partnerships: public relations and marketing network Orient Planet Group, data-driven strategy consulting firm, Phronesis Group, and events and talent management firm FLC. Together, the affiliates scale Stagwell's leading digital transformation, creative production and modern media services while expanding the roster of local and international talent available to Stagwell and its growing global client roster.

Stagwell (STGW) Enhances Capabilities in Middle East and North Africa via Additional Affiliate Partnerships with Orient Planet Group, Phronesis Group, and FLC

NEW YORK , Feb. 23, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced an expansion of its global marketing services into Africa via new affiliate partnerships with three firms: Incubeta in South Africa, SBI Media in Nigeria, and Orient Planet Group, whose footprint spans North Africa, including Libya, Tunisia, Algeria, Egypt, and Morocco. As part of Stagwell's Global Affiliate Program, these firms will collaborate with agencies across Stagwell's network to scale omnichannel media, content, and production capabilities for leading global brands.

STAGWELL (STGW) EXPANDS INTO AFRICA WITH AFFILIATE PARTNERS INCUBETA, SBI MEDIA, AND ORIENT PLANET GROUP

NEW YORK, Feb. 14, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today cheered its client partners who produced national campaigns during the Super Bowl this year. For the second year in a row, Stagwell's agencies commanded an outsized presence supporting the roster of brands at the game, comprising more than 10 percent of the campaigns that aired – far beyond Stagwell's market size.

Stagwell (STGW) Agencies Lead New Challengers and Brand Staples in Omnichannel Efforts at the Big Game

NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW) announced today the Company will report financial results for the three and twelve months ended December 31, 2021 on Tuesday, March 8, 2022, before the market open. Stagwell will host a video webcast to review those results the same day at 8:30 AM (ET).

Stagwell (STGW) Schedules Conference Call to Discuss Financial Results for the Three and Twelve Months Ended December 31, 2021

NEW YORK, Feb. 2, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today welcomed three senior executives to lead, develop, and grow products within the Stagwell Marketing Cloud (SMC): Abe Geiger, Chief Product Officer; Elspeth Paige Rollert, Chief Marketing Officer; and Matt Lochner, Managing Director.   The team of proven digital product and marketing leaders will drive SaaS and DaaS innovation for the Stagwell Marketing Cloud, a suite of technology products that supports in-house marketing transformation for modern businesses.

Stagwell (STGW) announces Stagwell Marketing Cloud Leadership Team to drive global product innovation

NEW YORK, Jan. 31, 2022 /PRNewswire/ -- Today, Stagwell's (NASDAQ: STGW) PRophet, the first-ever A.I.-driven data-as-a-service (DaaS) platform that predicts earned media interest, sentiment and spread before a story is pitched, released a pay-as-you-go subscription option, providing new individual users immediate access to the platform without hassle and delays of traditional, lengthy corporate purchasing processes.

PRophet, a Stagwell (STGW) Product, Introduces Pay-As-You-Go Subscription for Individual Users and a Venmo Payment Option

NEW YORK, Jan. 19, 2022 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc., the challenger network built to transform marketing, today announced the combination of Stagwell Media Network agencies MMI and Media Kitchen under the MMI brand. The announcement comes on the heels of MMI's continued year-over-year growth for the past five years, expansion of its partnership with a leading CPG manufacturer, and further diversification of its Amazon work.

Stagwell (STGW) Enhances Brand Performance Offering with Combination of Leading Media Innovation Agencies, MMI Agency and Media Kitchen

NEW YORK, Jan. 14, 2022 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell announced today that Mark Penn, Chairman and CEO, will attend the upcoming Sidoti Winter SmallCap Virtual Conference on Wednesday, January 19 and Thursday, January 20, 2022. Penn will give a management presentation on Thursday at 10:45 a.m.

Stagwell (STGW) to Present at the Sidoti Winter SmallCap Virtual Conference

NEW YORK, Jan. 14, 2022 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) today announced the next step in its expansion into Asia-Pacific via an affiliate partnership with Coconuts Media, the leading alternative online publisher reaching an audience of millions across Bangkok, Manila, Singapore, Hong Kong, Kuala Lumpur, Jakarta, Bali, and Yangon. The partnership meaningfully expands Stagwell's media investment in the region and adds a key partner with scaled content, production, and distribution capabilities to support global clients.

Stagwell Adds Coconuts Media, Leading Asia-Pacific Publisher and Media Platform, to Fast-Growing Global Affiliate Network

NEW YORK , Jan. 12, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced an investment into early-stage venture capital firm Hannah Grey , a first-check fund investing in customer-centric founders redefining everyday experiences. Stagwell's investment in Hannah Grey VC is part of an overall strategy to accelerate growth across the new disciplines of digital marketing services, including digital media, digital transformation, and data & software products.

Stagwell (STGW) Doubles-Down on Transforming Consumer Experiences with Investment in Hannah Grey VC

NEW YORK , Jan. 6, 2022 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) announced today it has acquired the remaining 49% of Instrument, a leading digital brand and experience innovation company. Founded in Portland, Oregon, Instrument is one of Stagwell's fastest growing agencies and employs over 400 people working on clients including Nike, Google, Salesforce and Epic Games.

Stagwell (STGW) completes acquisition of Instrument, fast-growing digital transformation company

NEW YORK and LONDON, Jan. 4, 2022 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell, the challenger network built to transform marketing, today announced the acquisition of Goodstuff, the 130-strong, full-service media planning and buying agency based in London.  The Goodstuff team will join the Stagwell Media Network, a group of leading multichannel agencies home to more than 3,000 experts with an expansive global footprint across 20 countries and 40 offices, managing close to $5 billion in media.

Stagwell (STGW) Adds UK's Leading Independent Media Agency, Goodstuff Communications, to Stagwell Media Network

NEW YORK, and LONDON, Dec. 17, 2021 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) and Stagwell Media Network today announced a strategic partnership with leading out-of-home (OOH) media specialist Talon to accelerate global growth in OOH advertising. Talon joins Stagwell's network to expand their collective global presence in offering smarter, data-driven, and creative-led OOH planning, buying, and proprietary technologies to advertisers.

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