Stagwell: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:27 AM ET
Last Updated - Aug 01, 2024, 10:27 AM EDT
NEW YORK (AP) — NEW YORK (AP) — Stagwell Inc. (STGW) on Thursday reported a loss of $3 million in its second quarter.
On a per-share basis, the New York-based company said it had a loss of 3 cents. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.
The marketing communications company posted revenue of $671.2 million in the period.
Stagwell expects full-year earnings in the range of 75 cents to 88 cents per share.
