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Stagwell reported a 33% year-over-year increase in revenue to $346 million. Net income attributable to MDC Partners common shareholders was $1.7 million, and Adjusted EBITDA reached a record $60 million, up 67% from the prior period.
Reported industry-leading revenue growth.
Achieved record second quarter Adjusted EBITDA at legacy MDC.
Observed broad-based growth across the network.
Digital businesses experienced another quarter of high double-digit growth.
2021 financial guidance is as follows:
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