STGW Q3 2023 Earnings — Stagwell Inc. Revenue & Financial Results | Market Cap Arena

STGWStagwell Inc.

$1B

Q3 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$618M-7.0% YoY

Gross Profit

$233M37.7% margin

Operating Income

$34M5.5% margin

Net Income

$653,0000.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-2.3%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$4M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$3.1B

Stockholders' Equity

$331M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$618M	$664M	-7.0%
Gross Profit	$233M	$247M	-5.7%
Operating Income	$34M	$70M	-51.8%
Net Income	$653,000	$11M	-93.8%

Revenue Segments

Creativity and Communications

$300M49%

Digital Transformation

$142M23%

Performance Media and Data

$73M12%

Stagwell Marketing Cloud Group

$57M9%

Consumer Insights and Strategy

$46M7%

Geographic Segments

UNITED STATES

$498M81%

Other Geographical Location

$79M13%

UNITED KINGDOM

$40M7%