Business
STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2025
Q1 YoY Revenue Decline of 3%, Q1 YoY Net Revenue Growth of 6% Q1 YoY Net Revenue Growth excluding Advocacy of 9%, Digital Transformation Net Revenue ex.
About this update from Stagwell Inc.
[{"type":"text","content":"Q1 YoY Revenue Decline of 3%, Q1 YoY Net Revenue Growth of 6%\nQ1 YoY Net Revenue Growth excluding Advocacy of 9%, Digital Transformation Net Revenue ex. Advocacy Growth of 15%\nQ1 Net Loss Attributable to Stagwell Inc. Common Shareholders of $3 million; Q1 Adjusted EBITDA of $81 million; Adjusted EBITDA Margin of 14%\nQ1 EPS of $(0.04); Adjusted EPS of $0.12\nNet New Business of $130 million in Q1; LTM Net New Business of $446 million\nReiterate Guidance for 2025 of Total Net Revenue Growth of ~8%; Adjusted EBITDA of $410 million to $460 million; Free Cash Flow Conversion in excess of 45%\nNEW YORK, May 8, 2025 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. (\"Stagwell\") today announced financial results for the quarter and three months ended March 31, 2025.\n\n \n \n \n \n \n \n\n \nFIRST QUARTER RESULTS:\nQ1 Revenue of $652 million, a decrease of 3% versus the prior year period;Q1 Revenue ex. Advocacy of $610 million, an increase of 1% versus the prior year period;Q1 Net Revenue of $564 million, an increase of 6% versus the prior year period;Q1 Net Revenue ex. Advocacy of $535 million, an increase of 9% versus the prior year period;Q1 Net Loss attributable to Stagwell Inc. Common Shareholders of $3 million versus $1 million in the prior year period;Q1 Adjusted EBITDA of $81 million, a decrease of 11% versus the prior year period;Q1 Adjusted EBITDA Margin of 14% on net revenue;Q1 Earnings Per Share Attributable to Stagwell Inc. Common Shareholders of $(0.04) versus $(0.01) in the prior year period;Q1 Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0.12 versus $0.16 in the prior year period;Net new business of $130 million in the first quarter, last twelve-month net new business of $446 millionSee \"Non-GAAP Financial Measures\" below for explanations and reconciliations of the Company's non-GAAP financial measures.\nMark Penn, Chairman and CEO of Stagwell, said, \"Despite the macro noise from tariffs, Stagwell's first quarter results were in-line with our expectations, setting us up for a strong year ahead. Q1 is a low point in the political cycle and yet we delivered solid growth in the quarter, led by double-digit increases in our Digital Transformation, Creativity and Stagwell Marketing Cloud capabilities. We hit a record $130M of net new business and, consequently, we remain optimistic ab...