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 reports record revenue and strategic investments driving future growth

Stagwell's strong financial performance, strategic investments, and focus on technology underscore its growth trajectory and competitive edge in the marketing sector. With a clear roadmap for future growth, the company aims to exceed long-term growth targets and enhance shareholder value through prudent financial management.

Stagwell meets Q1 expectations, eyes growth amid sector challenges

Stagwell's Q1 performance was solid, meeting revenue expectations and exceeding EBITDA targets through strategic acquisitions and cost-saving measures.
The company's strengths lie in its innovative investments, market recognition, and client wins, positioning it for future growth and competitive advantage.
While facing challenges in sector-specific revenue declines and balancing growth with efficiency, Stagwell has opportunities to leverage client wins, technology investments, and strategic guidance for sustained success.

Stagwell reports resilient Q2 performance, eyes international growth opportunities

Stagwell's Q2 2023 performance showcased resilience and efficiency improvements despite a slight decline in net revenue, with a strong focus on cost optimization and growth strategies.
The company's international and new business segments exhibited promising growth, while cost-saving measures and synergies are enhancing overall financial health.
Challenges persist in revenue growth and market competition, necessitating continued strategic planning and adaptability to seize emerging opportunities.
Stagwell's outlook for the year remains positive, with a clear roadmap to achieve key financial targets and drive sustainable value creation for stakeholders.

Stagwell reports resilient Q3 performance amidst challenges, eyes digital growth

Stagwell's Q3 performance reflects resilience amid industry challenges, with a strong focus on revenue growth and cost efficiencies.
Strategic initiatives, confidence in digital transformation, and proactive portfolio management underscore a forward-looking approach to value creation.
While challenges persist, Stagwell's emphasis on innovation, growth opportunities, and financial discipline sets a positive trajectory for future success.

Stagwell reports robust Q4 earnings, projects growth and cost focus

Stagwell's Q4 2023 earnings call showcased strong financial performance, strategic moves, and cost management efforts. The company's focus on new business wins, partnerships, and technology development contributed to its success. Despite challenges, Stagwell remains optimistic about its growth prospects and outlined key initiatives for 2024.

Stagwell reports robust Q1 growth, eyes international expansion and digital

Stagwell's Q1 performance reflects strong revenue growth, margin improvement, and record net new business figures.
Strategic acquisitions and investments in digital capabilities position the company for international expansion and competitive advantage.
While facing challenges such as market uncertainties and debt reduction goals, Stagwell remains confident in achieving its full-year targets.
Opportunities lie in leveraging digital transformation, expanding international presence, and optimizing operational efficiencies for sustained growth.

Stagwell reports robust Q2 earnings, eyes growth in digital marketing

Stagwell's Q2 2024 earnings call showcased strong financial performance, strategic investments in technology and growth initiatives, and reaffirmed guidance for the full year. The company's emphasis on new business wins, digital transformation, and global expansion positions it for continued success.

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Stagwell Inc. (NASDAQ:STGW ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Ben Allanson - Investor Relations Mark Penn - Chairman & Chief Executive Officer Frank Lanuto - Chief Financial Officer Conference Call Participants Jason Kreyer - Craig-Hallum Mike Ng - Goldman Cameron McVeigh - Morgan Stanley Mark Zgutowicz - Benchmark Jeff Van Sinderen - B. Riley Ben Allanson Good morning from Stagwell's global headquarters in One World Trade Center, New York, and welcome to Stagwell Inc.'s earnings webcast for the Second Quarter of 2024.

Stagwell Inc. (STGW) Q2 2024 Earnings Call Transcript

Stagwell (STGW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago.

Stagwell (STGW) Q2 Earnings Miss Estimates

Revenue Growth of 6%, Led by 42% Growth in Advocacy Net Loss Attributable to Stagwell Inc. Common Shareholders of $3 million Adjusted EBITDA of $86 million; Adjusted EBITDA Margin of 16% EPS of $(0.03); Adjusted EPS of $0.14 Announces Record Net New Business Led by Largest New Business Win Net New Business of $113 million in Q2; LTM Net New Business of $324 million Reaffirm Guidance for 2024 of Organic Net Revenue Growth of 5% to 7%; Adjusted EBITDA of $400 million to $450 million; Free Cash Flow Conversion of ~50% NEW YORK , Aug. 1, 2024 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. ("Stagwell") today announced financial results for the three and six months ended June 30, 2024. SECOND QUARTER RESULTS: Q2 Revenue of $671 million, an increase of 6% versus the prior year period; H1 Revenue of $1.3 billion, an increase of 7% versus the prior year period Q2 Net Loss attributable to Stagwell Inc. Common Shareholders of $3 million versus $3 million in the prior year period; H1 Net Loss attributable to Stagwell Inc. Common Shareholders of $4 million versus Income of $2 million in the prior year period Q2 Adjusted EBITDA of $86 million, a decrease of 6% versus the prior year period; H1 Adjusted EBITDA of $176 million, an increase of 8% versus the prior year period Q2 Adjusted EBITDA Margin of 16% on net revenue; H1 Adjusted EBITDA Margin of 16% on net revenue.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024

79% OF VOTERS APPROVE OF BIDEN'S DECISION TO STEP DOWN KAMALA HARRIS ENJOYS A 9 POINT JUMP IN FAVORABILITY FOLLOWING HER ANOINTMENT AS THE FRONTRUNNER DEMOCRATIC CANDIDATE TRUMP LEADS HARRIS BY 3 POINTS, DOWN FROM HIS JUNE 7 POINT LEAD ON BIDEN NEW YORK and CAMBRIDGE, Mass. , July 30, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today released the results of the July Harvard CAPS / Harris poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.

JULY HARVARD CAPS / HARRIS POLL: HARRIS RESETS RACE TO PRE-DEBATE LEVELS FOLLOWING HER ENTRANCE; TRUMP HOLDS LEAD

Stagwell (STGW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Stagwell (STGW) Earnings Expected to Grow: Should You Buy?

A Stagwell (STGW) Company MINNEAPOLIS , July 25, 2024 /PRNewswire/ -- This week, award-winning creative agency Yamamoto celebrates 45 years of moving mountains for their clients. Founded in 1979 by the late Peter Seitz, Hideki Yamamoto, and the late Miranda Moss, what was then called Seitz Yamamoto Moss pioneered the emerging field of brand design and identity.

Yamamoto Celebrates 45 Years of Moving Mountains for Clients

Tel Aviv-based digital agency and its SaaS platform InfluencerMarketing.AI joins Stagwell Marketing Cloud's PRophet Comms Tech Suite NEW YORK and TEL AVIV, Israel , July 24, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has acquired Tel Aviv-based LEADERS, a world-class digital agency specializing in influencer marketing and social commerce and the development of InfluencerMarketing.AI (IMAI), a global influencer marketing SaaS platform. The company joins Stagwell Marketing Cloud's PRophet Comms Tech Suite of AI-powered offerings purpose-built for modern PR and marketing professionals.

Stagwell (STGW) Acquires LEADERS, Bolstering Global Influencer Marketing Capabilities with AI

NEW YORK , July 12, 2024 /PRNewswire/ -- The Harris Poll, a global public opinion and advisory firm, and part of Stagwell (NASDAQ: STGW) has acquired BERA, a leading predictive brand technology platform. The acquisition will integrate BERA's cutting-edge AI-powered brand insights and analytics platform into its Harris Quest suite, part of the Stagwell Marketing Cloud, further advancing the predictive capabilities of real-time market research and brand tracking.

Stagwell's (STGW) The Harris Poll Acquires BERA to Further Strengthen Harris Quest AI Capabilities with Predictive Brand Technology

NEW YORK , July 8, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, will report financial results for the three months ended June 30, 2024, on Thursday, August 1, 2024, before market open. Stagwell will host a video webcast to review those results the same day at 8:30 AM (ET).

Stagwell (STGW) Schedules Webcast to Discuss Financial Results for the Three Months Ended June 30, 2024

Series to explore the passion, process, and challenges fueling creator creativity and innovation NEW YORK and LOS ANGELES , June 26, 2024 /PRNewswire/ -- Stagwell Marketing Cloud's (NASDAQ: STGW) PRophet, the first integrated suite of AI-driven tools built for communicators that span earned media, influencer engagement and brand monitoring offerings, has forged a partnership with What's Trending, the Emmy-nominated digital media brand, to produce creator-focused content including a 'Creator Spotlight' series. The new partnership begins with content coming out of VidCon 2024 which will facilitate one-on-one conversations with top creators and equip brands with innovative influencer marketing strategies.

PRophet, a Stagwell (STGW) Company, Launches a Creator Content Series in Partnership with Shira Lazar's What's Trending at VidCon 2024

"Room for Everyone" from Mastercard with Assembly as technology partner wins the Grand Prix for Creative Data NEW YORK , June 24, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, celebrates its agencies 72andSunny, Assembly, and Forsman & Bodenfors, which took home top honors at the Cannes Lions International Festival of Creativity, the largest gathering in the creative marketing community. Collectively, Stagwell's agencies and its global affiliate partner Buentipo Anchor captured 1 Grand Prix, 2 Gold, 2 Silver, and 10 Bronze Lions along with over 40 shortlists for other agencies including Activista, Anomaly, Colle McVoy, Doner, GALE, HUNTER, KWT Global, and Unreasonable Studios.

Stagwell (STGW) Celebrates Lions from 72andSunny, Assembly, Forsman & Bodenfors, and Buentipo Anchor at the Cannes Lions International Festival of Creativity

Leaders from Ad Fontes Media, Bloomberg, Business Insider, CNN, The New York Times, Stagwell, The Trade Desk, The Washington Post, and Wall Street Journal NEW YORK and CANNES, France , June 18, 2024 /PRNewswire/ -- Stagwell's (NASDAQ: STGW) Future of News series will continue with its next chapter at the Cannes Lions International Festival of Creativity, the world's largest advertising, marketing, and creativity event. Stagwell will convene two panels at Cannes Lions as it continues to encourage advertisers to reinvest in the news industry.

Stagwell's (STGW) 'Future of News' Initiative Heads to Cannes Lions International Festival of Creativity with Panels Highlighting the Power of News to Drive Business Results for Marketers

With Google Cloud and Gemini models, Stagwell to bring new AI capabilities to four of its most popular digital marketing apps CANNES, France and NEW YORK , June 17, 2024 /PRNewswire/ --  Google Cloud  and Stagwell (NASDAQ: STGW) announced today a set of new AI-powered features across Stagwell's portfolio of digital marketing applications, built using Google Cloud infrastructure and AI services, including its Gemini models. "This partnership puts Stagwell's applications and Google Cloud AI in the hands of marketing professionals worldwide.

Stagwell (STGW) Launches New AI-Powered Capabilities for Marketers, Built with Google Cloud

NEW YORK and CANNES, France , June 17, 2024 /PRNewswire/ --  Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, and Anzu, the world's most advanced intrinsic in-game advertising platform, today announced a strategic partnership designed to help brands capitalize on the fast-growing gaming market. Stagwell and Anzu will collaborate to innovate new formats for bespoke in-game experiences for brands and bring Anzu's cutting-edge in-game advertising solution to more companies worldwide.

Stagwell and Anzu Announce Strategic Partnership to Transform the In-Game Advertising Experience

Technology-first creative agency delivers historic results for Amazon Ads, Volvo Trucks and other top B2B clients. NEW YORK , June 14, 2024 /PRNewswire/ -- Code and Theory was named B2B Agency of the Year in the ANA B2 Awards.

Stagwell's (STGW) Code and Theory Named ANA B2B Agency of the Year

"The Contrarian's Compass: Navigating Emerging Tech Hype" to run on the Innovation Track at Cannes NEW YORK , June 14, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced Chairman and CEO Mark Penn will take the main stage at Cannes Lions, the most prestigious awards show and festival in advertising, to present "The Contrarian's Compass: Navigating Emerging Tech Hype". Penn's keynote presentation on how marketers can navigate emerging technology to fuel brand growth will draw on his four decades of leadership across technology, marketing, and political organizations.

Do Marketers Have an Emerging Tech Problem? Stagwell (STGW) Chairman and CEO Mark Penn to Discuss Live on the Main Stage of the Cannes Lions International Festival of Creativity

NEW YORK and SINGAPORE , June 12, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, announced today the additions of four independent agencies in Asia Pacific to its expanding Global Affiliate Network. These four new affiliate partnerships strengthen Stagwell's reach in the fast-growing Asia Pacific region.

Stagwell (STGW) Expands Asia-Pacific Capabilities with the Additions of Agency, Arena Media, Lodestar Marketing and R&D Online Marketing Services to its Global Affiliate Network

NEW YORK , June 11, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates its global agencies and products for winning over 300 awards in 2024 to date, recognizing innovative strategies and impactful campaigns for our 4000+ clients around the world. These honors include 60 gold, 63 silver, and 123 bronze awards at top shows including The Andy Awards, Clio Awards, D&AD Awards, Drum Marketing Awards Americas, The Effie's, New York Festivals Advertising Awards, PRovoke SABREs, Shorty Awards, Spikes Asia, Webby Awards, and more.

Stagwell (STGW) Celebrates 302 Awards in 2024 with Strong Wins Across the Effie's, Clios, SABRE Awards, Spike's Asia, Webby's and More

Stagwell's (STGW) Brand New Galaxy rebrands as Assembly, bolstering Assembly's media and more capabilities across the consumer journey WARSAW, Poland and NEW YORK , June 6, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced that Brand New Galaxy is rebranding as Assembly and bringing expanded digital commerce capabilities and expertise into Assembly around the globe. This new and bigger Assembly of data, talent, and tech enables the connection of omnichannel media to commerce to help deliver Assembly's proposition of Find the Change That Fuels Growth across the entire consumer journey for clients.

ASSEMBLY BRINGS BRAND NEW GALAXY INTO THE FOLD, CONNECTING DIGITAL COMMERCE AND OMNICHANNEL MEDIA TO DELIVER TRUE BRAND PERFORMANCE WORLDWIDE

Not Perfect's expertise in scaled creative production will support Stagwell's global clients NEW YORK and VILNIUS, Lithuania , June 6, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the global challenger network built to transform marketing, today announced the addition of Not Perfect Network into its fast-growing global affiliate network, adding enhanced capabilities in scaled creative production, technology, and design across the Baltic Region. Not Perfect is an integrated creative, digital, and design network of 100+ people operating out of the Baltic States.

Stagwell (STGW) and Not Perfect Network Form Global Affiliate Partnership, Enhancing Joint Capabilities in the Baltic States

NEW YORK--(BUSINESS WIRE)--As interest in sports broadens, with sports that haven't gotten well-deserved attention suddenly surging in fan interest and popularity, consumer and B2B brands are increasingly looking for ways in that carry smaller price tags, more returns on investment, and access to specific audiences who are very passionate for these sports. Against this backdrop, Allison, a global integrated marketing and communications consultancy, and The Harris Poll, a global market research.

Sports Momentum Index Launches to Track Fandom Across Emerging and Women's Sports

NEW YORK , June 4, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the launch of a new webinar series, "STGW: Curated," designed for investors to learn about Stagwell's core capabilities. Each webinar will dive into Stagwell's client work, market insights, and thought leadership across core areas such as Digital Transformation, Creativity & Communications, Performance Media & Data, and Research & Consumer Insights, as well as special topics such as the Company's M&A strategy, political advocacy firms, and approach to artificial intelligence.

Stagwell (STGW) Launches "STGW Curated" Investor Webinar Series

NEW YORK, May 20, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: Stagwell, Inc. ("Stagwell" or the "Company") (NASDAQ: STGW ) Shareholders should email: fletcher@fmoorelaw.com On February 27, 2024, Stagwell disclosed that it had identified "errors in the areas of income taxes as well as accumulated other comprehensive loss in its previously filed 2022 annual consolidated financial statements," and, as a result, revised its 2022 financial statements, increasing tax expenses by approximately $18 million. On this news, Stagwell's stock price fell as much as 26% during intraday trading on February 27, 2024, thereby injuring investors.

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Stagwell Inc. to Contact Law Firm

Nexxen International Ltd

Stagwell and its customers to leverage Nexxen's unified, proprietary data solutions within the Stagwell Marketing Cloud Partnership aligns with Nexxen's launch of the Nexxen Data Platform, an expansion of its propriety data management platform NEW YORK , May 16, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, and Nexxen (AIM / NASDAQ: NEXN), a global advertising technology company comprising unified demand-side and supply-side platforms, with deep expertise in video and Connected TV ("CTV"), today announced a partnership to offer an immersive suite of data solutions and integrated applications within the Stagwell Marketing Cloud, through which advertisers can gain a deeper understanding of consumers to enhance engagement and drive results. The unified graph will also help advertisers address changes in privacy and identity, including cookie deprecation.

Stagwell (STGW) and Nexxen Partner to Accelerate Seamless Audience Discovery for Marketers

Groundbreaking 50,000-respondent survey shows ads placed adjacent to stories covering politics, inflation and crime perform as effectively as ads placed next to business, entertainment and sports stories. Results debunk common 'brand safety' myths among key demographic groups for advertisers including Gen Z, affluent American households, moms and more.

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