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Stagwell Inc. (NASDAQ: STGW) Reports Standalone MDC Partners Inc. Results For The Three And Six Months Ended June 30, 2021

Stagwell Inc. (NASDAQ: STGW) Reports Standalone MDC Partners Inc. Results For The Three And Six Months Ended June 30, 2021
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Stagwell Marketing Group LLC Reports Standalone Results For The Three And Six Months Ended June 30, 2021

Stagwell Marketing Group LLC Reports Standalone Results For The Three And Six Months Ended June 30, 2021
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MDC Partners Inc. Reports Results For The Three And Twelve Months Ended December 31, 2020

Guides 7-9% Revenue Growth in 2021
FOURTH QUARTER & 2020 HIGHLIGHTS:
Revenue of $328.2 million in the fourth quarter versus $382.0 million in the prior year period, a decline of 14.1%; and $1.20 billion in 2020 versus $1.42 billion in the prior year, a decline of 15.3%.
Sequential revenue growth of 15.8% from the third quarter of 2020.
Organic revenue declined 13.7% in the fourth quarter and 13.9% in 2020.
Net loss attributable to MDC Partners Inc. common shareholders was $243.2 million (inclusive of principally non-cash impairment and other charges of $96.4 million and a $130 million non-cash income tax valuation allowance) in 2020 versus a net loss of $17.6 million in the prior year.
Adjusted EBITDA of $177.3 million in 2020 versus $174.2 million in the prior year, an increase of 1.8%. Adjusted EBITDA Margin of 14.8% in 2020, increasing 250 basis points from 12.3% in the prior year. ....

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