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. 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 on April 29, 2011 and is headquartered in New York, NY.

"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.

Stagwell (STGW) Releases News Advertising Study Revealing It is Safe for Brands to Advertise Adjacent to Quality News Content Despite Overblown Fears

Survey found that plastic plays an important role in the lives of New Yorkers across the state Over 78% of New Yorkers view molecular recycling  as a positive way to help solve the waste crisis NEW YORK , May 7, 2024 /PRNewswire/ -- According to a new poll* released today by Stagwell's (NASDAQ: STGW) The Harris Poll, New Yorkers say they do not see a plastic ban or plastic-free world as a viable solution. Although the waste crisis is a unifying issue and top-tier environmental concern among people across the state, 78% of New Yorkers see innovative recycling methods as a positive solution to the problem and view molecular recycling as a great step towards solving the plastic waste crisis.

New Study by Stagwell's (STGW) The Harris Poll: New Yorkers are Worried about the Waste Crisis but Don't See a Plastic Ban as a Solution

LOS ANGELES--(BUSINESS WIRE)--U.S. business leaders and Americans alike are confronting significant geo-economic challenges, according to a new Milken Institute-Harris Poll report, “Building A Resilient America: The New Consensus for Action.” The findings illuminate the struggles leaders face as they navigate through economic instability, tech disruptions, and societal shifts. These challenges come with the task of marrying immediate pressures with long-term strategic ambitions with concerns ab.

Despite Significant Challenges & Economic Anxiety, Business Leaders and Americans Align Around New Strategies to Offset Risk According to New Milken Institute-Harris Poll

The newly augmented Quebec offering will operate as LuxineVeritas MONTREAL and TORONTO , May 2, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has acquired Montreal-based Luxine Relations Publiques, a full-service PR and Influencer Marketing agency.  Luxine joins Veritas Communications (Veritas) as the next step in its ambitious growth strategy to focus on local markets across Canada.

STAGWELL (STGW) ACQUIRES MONTREAL-BASED LUXINE RELATIONS PUBLIQUES

Stagwell (STGW) came out with quarterly earnings of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.13 per share a year ago.

Stagwell (STGW) Q1 Earnings Meet Estimates

Revenue Growth of 8%, Led by 13% Growth from Performance Media & Data Net Loss Attributable to Stagwell Inc. Common Shareholders of $1.3 million Adjusted EBITDA of $90 million, An Increase of 25% Year-Over-Year Adjusted EBITDA Margin of 17%, An Increase of 320 Basis Points Year-Over-Year EPS of $(0.01); Adjusted EPS of $0.16, An Increase of 14% Year-Over-Year Net New Business of $66 million in Q1; LTM Net New Business of $284 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 , May 1, 2024 /PRNewswire/ -- (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.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2024

"Stories from the Field" newsmaker panel to feature Hannah Beckler (Business Insider), Jason Conti (Dow Jones), Jason Rezaian (The Washington Post) and Megan Twohey (The New York Times) "Why News Works for Brands" panel to include Tara Carraro (U.S. Steel), Will Doherty (The Trade Desk), Dan Gardner (Code and Theory), Shenan Reed (General Motors) and Lou Paskalis (Ad Fontes Media) NEW YORK , April 30, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today announced the speakers for its inaugural Future of News summit on May 15, 2024 which will be held at Stagwell's global headquarters at One World Trade Center in New York. Stagwell announces speakers for inaugural Future of News summit on May 15 at its global headquarters in New York.

Stagwell Announces 'Future of News' Summit on May 15 Featuring Trailblazing Panelist Discussions and 50,000-Respondent Study Revealing the Importance of Investing in News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Stagwell Inc. (STGW) Stock Undervalued Right Now?

NEW YORK , April 29, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) released its 2023 Annual Report, highlighting investments in artificial intelligence, immersive experiences for brands, strategic acquisitions, and an expanding global footprint that drove company visibility and market share. Download the full report here.

Stagwell (STGW) Releases Annual Report for 2023: Growing Market Share and Evolving for the Frontiers of Marketing

NEW YORK and JAKARTA, Indonesia , April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced it has added Leverate Group, an integrated and independent full-service agency based in Indonesia, to its expanding Global Affiliate Network. This partnership significantly strengthens Stagwell's reach in the Asia Pacific region as well as the network's omnichannel media buying and activation capabilities.

Stagwell Adds Indonesia-based Media, Creative, and Technology Agency Leverate Group to Global Affiliate Program

NEW YORK , April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced management will participate in three upcoming investor conferences throughout May 2024. Needham Technology, Media & Consumer Conference: Chief Investment Officer Jason Reid will participate in a "Future of Advertising" panel on May 15, 2024, at 12:45pm ET, and be available for 1x1 investor meetings.

Stagwell (STGW) Announces May Investor Conferences at Needham, J.P. Morgan, and B.

Stagwell brings together multidisciplinary agencies under one roof to prioritize connected solutions for clients LONDON , April 18, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates the grand opening of its EMEA headquarters situated in London's Blue Fin Building in the vibrant South Bank neighborhood. This milestone closely follows the company's FY 2023 earnings report, which saw Stagwell's EMEA agencies leading growth, with a 17% year-over-year net revenue increase.

STAGWELL LAUNCHES LONDON HUB TO SUPPORT EUROPEAN EXPANSION

NEW YORK , April 17, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, will report financial results for the three months ended March 31, 2024, on Wednesday, May 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 March 31, 2024

Female-Founded Agency Grew 50% in 2023 and Will Scale Stagwell's Presence in Brazil and Latin America as Part of Allison SÃO PAULO, April 15, 2024 /PRNewswire/ --  Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has entered into an agreement to acquire PROS Agency (PROS), a Brazil-based brand and marketing consultancy specializing in digital public relations (PR), creative planning and production, influencer marketing, and brand development. Headquartered in São Paulo, the agency will play a key role in driving business for Stagwell within Brazil as well as the greater Latin America (LATAM) region as part of Allison , a global marketing and communications consultancy within Stagwell.

Stagwell (STGW) Expands in Latin America with Acquisition of PROS Agency, Digital PR Leader in Brazil

NEW YORK , April 9, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) Marketing Cloud today announced it is developing a new data clean room (DCR) solution built on Google Cloud to facilitate a secure and private space for clients and agencies to upload and match their first-party data with proprietary data from Stagwell sources. Through the DCR, clients can gain valuable insights into consumer behavior and marketing efficacy, while ensuring compliance with privacy regulations.

Stagwell (STGW) Marketing Cloud Announces a New Data Clean Room for Clients through Google Cloud

NEW YORK , March 12, 2024 /PRNewswire/ -- A new survey from Stagwell's (NASDAQ: STGW) The Harris Poll, commissioned by Eastman, a global specialty materials company, among 2,000 French and German men and women aged 18+ found that consumers are increasingly concerned about the use of imported plastic waste in recycled plastic products. About 3 in 5 German (64%) and French (59%) adults say they would be bothered if they learned recycled products were being made with imported plastic waste.

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