Loading...
•
Mar 31, 2020
Stagwell Q1 2020 Earnings Report
MDC Partners reported first quarter results with organic growth and improved Adjusted EBITDA.
Key Takeaways
MDC Partners reported a slight decrease in revenue but showed significant improvements in key metrics, including a return to organic growth of 2% and a substantial increase in Adjusted EBITDA by 84.3%. The company's strategic plan and cost-saving initiatives contributed to these improvements.
Returned to organic revenue growth of 2%.
Adjusted EBITDA nearly doubled, increasing by 84.3%.
Adjusted EBITDA margin increased by 560 basis points to 12.1%.
Net loss attributable to MDC Partners common shareholders improved slightly to $2.4 million.
Forward Guidance
Given the uncertainties in the global business environment arising from the COVID-19 pandemic, the Company is not providing a 2020 outlook for Revenue and Covenant EBITDA at this time.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...