Business
STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2025
Q3 YoY Revenue Growth of 15%, With 25% Growth in Digital Transformation Q3 YoY Net Revenue Growth of 8%, Organic Net Revenue Growth of 8%, Digital
About this update from Stagwell Inc.
[{"type":"text","content":"Q3 YoY Revenue Growth of 15%, With 25% Growth in Digital Transformation\nQ3 YoY Net Revenue Growth of 8%, Organic Net Revenue Growth of 8%, Digital Transformation Net Revenue Growth of 18%\nQ3 Net Income Attributable to Stagwell Inc. Common Shareholders of $3 million\nQ3 Adjusted EBITDA of $111 million; Adjusted EBITDA Margin of 19%\nQ3 EPS of $0.03; Adjusted EPS of $0.22\nSeventh Consecutive Quarter of Record LTM Net New Business\nNet New Business of $101 million in Q3; LTM Net New Business of $345 million\nReaffirm 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%\nCompany Announces $125 Million Increase in Stock Repurchase Program\nNEW YORK, Nov. 7, 2024 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. (\"Stagwell\") today announced financial results for the three and nine months ended September 30, 2024.\n\n \n \n \n \n \n \n\n \nTHIRD QUARTER RESULTS:\nQ3 Revenue of $711 million, an increase of 15% versus the prior year period; YTD Revenue of $2.1 billion, an increase of 10% versus the prior year periodQ3 Net Revenue of $580 million, an increase of 8% versus the prior year period; YTD Net Revenue of $1.7 billion, an increase of 4% versus the prior year periodQ3 Organic Net Revenue increased 8% versus the prior year period; YTD Organic Net Revenue increased 4% versus the prior year periodQ3 Net Income attributable to Stagwell Inc. Common Shareholders of $3 million versus $1 million in the prior year period; YTD Net Loss attributable to Stagwell Inc. Common Shareholders of $1 million versus $1 million in the prior year periodQ3 Adjusted EBITDA of $111 million, an increase of 9% versus the prior year period; YTD Adjusted EBITDA of $288 million, an increase of 8% versus the prior year periodQ3 Adjusted EBITDA Margin of 19% on net revenue; YTD Adjusted EBITDA Margin of 17% on net revenueQ3 Earnings Per Share Attributable to Stagwell Inc. Common Shareholders of $0.03 versus $0.00 in the prior year period; YTD Earnings Per Share Attributable to Stagwell Inc. Common Shareholders of $(0.01) versus $(0.01) in the prior year periodQ3 Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0.22 versus $0.18 in the prior year period; YTD Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0....