Loading...
•
Dec 31, 2020
Stagwell Q4 2020 Earnings Report
MDC Partners reported a sequential revenue growth and announced a strategic business combination with The Stagwell Group.
Key Takeaways
MDC Partners Inc. reported a 15.8% sequential revenue growth in the fourth quarter and guides 7-9% revenue growth in 2021. The company's net loss attributable to MDC Partners Inc. common shareholders for the fourth quarter of 2020 was $237.1 million, and Adjusted EBITDA was $47.5 million.
Delivered 15.8% sequential revenue growth in fourth quarter.
Net New Business wins totaled $29.5 million in the fourth quarter.
Company guides 7-9% revenue growth in 2021.
Announced a strategic business combination with The Stagwell Group.
Forward Guidance
MDC Partners expects approximately 7 to 9% growth in organic revenue and approximately $190 million to $200 million of Adjusted EBITDA.
Positive Outlook
- Expect approximately 7 to 9% growth in organic revenue.
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...