NEW YORK (AP) — NEW YORK (AP) — Stagwell Inc. (STGW) on Wednesday reported a loss of $1.3 million in its first quarter.
On a per-share basis, the New York-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, were 16 cents per share.
The marketing communications company posted revenue of $670.1 million in the period.
Stagwell expects full-year earnings in the range of 75 cents to 88 cents per share.
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