Stagwell Inc (NAS:STGW)
$ 7.53 0.03 (0.4%) Market Cap: 836.64 Mil Enterprise Value: 2.46 Bil PE Ratio: 9,999.00 PB Ratio: 2.91 GF Score: 65/100

Stagwell Inc at Needham Technology & Media Conference (Virtual) Transcript

May 16, 2022 / 04:45PM GMT
Release Date Price: $7.31 (+0.83%)
Vincent Kover
Needham & Company, LLC - Analyst

Everyone, thank you for joining the 17th annual TMT conference at Needham. My name is Vincent Kover on the institutional equities team. I'm joined with my colleague, Dan Medina, from our TMT research group. I have the pleasure this morning of introducing Mark Penn, Chairman and CEO of Stagwell. Mark's career spans over 40 years in advertising, market research, public relations, polling, and consulting. He has a unique experience growing, building, and managing companies, having sold his market research firm to WPP, after which he joined WPP and ran one of their divisions, tripling their bottom line.

Mark, thank you so much for joining us today. (Conference Instructions) Mark, I will yield the floor to you.

Mark Penn
Stagwell Inc. - President & Managing Partner

Thank you. And I'm pleased to give you a presentation about Stagwell and the direction that it's going in. So I think before you understand Stagwell, I think it's good to take a little look at the marketplace itself for marketing services.

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