Stagwell Inc. reported net new business of $122 million in the third quarter and $472 million over the last twelve months. The company achieved a 19% adjusted EBITDA margin and a 9% year-over-year increase in adjusted diluted EPS to $0.24. Stagwell highlighted double-digit growth in non-advocacy work and strong organic growth in most areas. The period also saw enhanced cash flow and increased non-advocacy margin. Stagwell announced a partnership with Palantir to advance AI applications in marketing. Management cited ongoing cost discipline and improved labor efficiency as key factors in the company's financial performance.
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